Ratifying the Constitution

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Presentation transcript:

Ratifying the Constitution Day 5 Ratifying the Constitution Federalists = supported the Constitution FEDERAL gov’t has power Antifederalists = opposed the constitution STATE gov’t has power Constitution does not protect individual rights It’s Ratified (1787) President = George Washington Cabinet – Assistants

iou Ratifying the Constitution President = George Washington Day 5 Ratifying the Constitution Federalists = supported the Constitution FEDERAL gov’t has power Antifederalists = opposed the constitution STATE gov’t has power Constitution does not protect individual rights It’s Ratified (1787) President = George Washington Cabinet – Assistants US in Debt – War! 11.7 mil to foreign countries 40 mil to American Bonds – an IOU with interest States Debt Federal Gov’t will pay it South MAD! They do not want to pay for the North Compromise: Move the Capital to the South (DC) iou

constitution Hamilton Jefferson National Bank Strong National Gov’t Manufacturing Economy Jefferson Strong State Gov’t Agricultural Economy National Bank Loan money to the US Gov’t Bank is NOT in the constitution (Jefferson) Hamilton uses the “elastic clause” Two ways to read the US Constitution Loose Construction Strict Construction Congress agrees to start: Bank of the United States constitution

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