The Early Years of our Country George Washington, as first President of the United States stayed in this mansion in New York City. The capital would move temporarily to Philadelphia while the White House was being built. John Adams would be the first president to live in the new White House in 1800. 8-3.4 Essential Question: What was South Carolina’s position on key national issues in the early 1800’s?
The new federal government was established in 1789 George Washington was elected the first president of the United States.
Alexander Hamilton, as Secretary of the Treasury, called for an economic policy that would strengthen the national government. proposed that the federal government pay the debt from Revolution. national government assume the debts of the states from the war. called for a national bank high protective tariff on imported goods designed to encourage Americans to buy American goods
Hamilton helped establish the first Mint to make money. First U.S. dollar Hamilton would die from Gunshot wounds he got From a duel with Aaron Burr in 1803
Washington on the one
Hamilton on the ten
Who is on the five dollar bill? Lincoln
Who is on the twenty dollar bill? Jackson
Who is on the fifty dollar bill? Grant
People were divided on these issues and would side with Jefferson or Hamilton.
Two political parties developed as a result of disagreements over these proposals. Democratic-Republicans- farmers and the common everyday informed people should run the gov’t. Federalists- The rich and educated were best suited for running the gov’t.
The Upcountry residents supported the Democratic-Republicans. The Lowcountry elite from South Carolina tended to support the Federalists
The biggest controversy was over the establishment of a national bank Democratic-Republicans said Congress did not have the right to create a national bank according to the Constitution. Federalists argued that Congress had been granted the authority to make all laws that were “necessary and proper” and they argued that a bank was necessary for the power to tax and control commerce
Washington sided with the Federalists and signed into law a bill creating the First National Bank. First National Bank located in Philadelphia