HAMILTON’S FINANCIAL PLAN – 1789 Background: Hamilton’s rise to Secretary of Treasury Hamiltonian = strong central government FEATURES 1.Assumption – Federal.

Slides:

Advertisements

Similar presentations

Federalists vs. Democratic Republicans

Advertisements

 Cabinet: key advisors to the President  Treasury: Alexander Hamilton  State: Thomas Jefferson  War: Henry Knox  Attorney General: Edmund.

President Washington Takes Charge How did Washington further establish the foundation for the US government?

Washington Administration: Precedents First Cabinet –Thomas Jefferson: State –Alexander Hamilton: Treasury –Knox: War Serves Only Two Terms Does Not Interfere.

George Washington Chosen unanimously as 1st President John Adams VP Inaugurated in New York 4/30/1789 Thomas Jefferson – Sec. of State Alexander.

The Early Republic Conflict between Thomas Jefferson and Alexander Hamilton.

Hamilton’s Financial Plan. Revolutionary War Debts The United States had acquired about $54 million in debts from the Revolutionary War – –$42 million.

Washington Becomes President

THE NEW REPUBLIC BEGINS ! Presented by: Mr. Cook And Mrs. Camuto.

Problems With the New Government Serra US History.

The New Government. Protocol and Early Decisions Hamilton’s Financial Program Development of Political Parties.

The Federalist Era The new Gov’t launched, but problems still remain with the economy, foreign relations, trade, debt, etc… Will the new gov’t work? Will.

Formation of Political Parties in the United States Alexander Hamilton Vs Thomas Jefferson.

Washington Heads the New Government

Hamilton and National Finances

The Federalist Era Two Most Important People in the Era Alexander Hamilton Thomas Jefferson O Secretary of the Treasury O Secretary of State.

p?imgId=1-2-6E0.

Washington and Congress. 4/30/1789 An exercise in simplicity “Ocean of difficulties” Washington is about the “safest” maybe not the best (although you.

Ch. 4-1 Implementing the Constitution  Alexander Hamilton- 1 st Sec. Of Treasury  Goal was to strengthen the finances of the U.S.

The First Political Parties Chapter 8 Section 3 Pages

Political Parties in America How and why did they develop…

Washington Leads the Nation. Judiciary Act of 1789 Established the federal court system Established the federal court system Allowed appeal of certain.

The Development of Political Parties

CH 10 Sections 1,2 Government Foundations. The Electoral College.

When the Constitution was ratified in 1789, George Washington was unanimously elected 1 st presidentunanimously elected Washington helped shape the new.

America’s Premier PRECEDENTS JUDICIARY ACT 1789 “We are in a wilderness without a single footstep to guide us…” J.M.

First Political Parties Federalists Versus Democratic-Republicans.

Entry Assignment Look back to your 2 nd entry. Are you accomplishing your goals yet? Explain.

Washington Administration and the Two-Party System USHC 1.6 : Analyze the development of the two-party system during the presidency of George Washington,

George Washington Chosen unanimously as 1st President John Adams VP Inaugurated in New York 4/30/1789 Washington truth or legend? Parson Mason.

#2 - Why didn’t Jefferson like Hamilton? Course of a New Nation – A Conflict of Views.

Hamilton, Jefferson and the Emergence of Political Parties Birth of a Nation 1.6.

Financial Problems and Political Parties. Financial Problems National Debt After the Revolution, debt (money owed) had piled up National Debt: the amount.

Hamilton and National Finances

Pump-Up When and why do you think political parties developed in America? Do you think political parties were the same in history as they are now? If.

6.1: Jefferson vs. Hamilton

The Rise of Political Parties

Alexander Hamilton believed that a strong national government was necessary to provide order in America He wanted to build a strong economy focused on.

The New Republic Jefferson Vs. Hamilton.

George Washington Chosen unanimously as 1st President

Launching the New Nation ( )

Washington’s Presidency

Federalists vs. Democratic Republicans

Washington Heads the New Government

Warm-Up (1/9) 1) Define Precedent – 2) 3).

Hamilton and Jefferson Face off

UNIT 4: THE NEW REPUBLIC Washington Shapes the Government Challenges Establish strong national government Gain respect of Britain, France,

The First Two Party System

Hamilton vs. Jefferson.

George Washington , From Virginia.

Why did political parties form in the U.S.?

Precedents Set By Washington

Chapter 8 Review.

LEADERS FEDERALIST Democratic Republicans. LEADERS FEDERALIST Democratic Republicans.

Washington’s Farewell Address

Aim: What precedents did George Washington set?

The Dangers of the First Decade

Knights Charge 10/23 Today is the last day of the quarter

America’s Premier “We are in a wilderness

Federalist and Anti-Federalist Platforms

Hamilton and National Finances

Constitutional Interpretations

Washington Presidency and Political Parties

George Washington Chosen unanimously as 1st President

“Political language is designed to make lies sound truthful…”

Warm-Up (1/11).

Origins of the Two-Party System

HAMILTON VS. JEFFERSON Alexander Hamilton and Thomas Jefferson played a valuable role in the beginning of our nation. Both were visionaries and influenced.

GEORGE WASHINGTON President

Presentation transcript:

HAMILTON’S FINANCIAL PLAN – 1789 Background: Hamilton’s rise to Secretary of Treasury Hamiltonian = strong central government FEATURES 1.Assumption – Federal government to take debt of states 2.“Funding at Par” 3.Creation of a National Bank – 20 year charter begins Tariff and Excise Tax

HAMILTON’S FINANCIAL PLAN – PROBLEMS 1.Political Opposition: TJ and JM 2.State Economies 3.House of Representatives Rejection 4.Constitutional Interpretation: Loose vs. Strict Construction

HAMILTON’S FINANCIAL PLAN – OUTCOMES 1.Compromise of 1790 – “The Dinner Table Compromise” VA debt elimination Seat of federal government Passage of Hamilton’s Financial Plan 2. Permanent Political Parties/Sectionalism Federalists: Strong central govt, urban, Northeast U.S., loose construction, Britain Democratic-Republicans: States rights, south, strict construction, France

FEDERALISTS VS. DEMOCRATIC-REPUBLICANS FEDERALISTS HAMILTONIAN VISION DEMOCRATIC-REPUBLICANS JEFFERSONIAN VISION Led by Alexander HamiltonLed by Thomas Jefferson Rich elites should lead societyAny educated citizen fit for leadership Favored strong central power – Federal supremacy Decentralized power – States rights Favored manufacturing and tradeEncouraged agrian lifestyle and farming Loose construction of ConstitutionStrict construction of Constitution Favors Britain in foreign affairsFavors France in foreign affairs