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Published bySibyl Kristina Joseph Modified over 8 years ago
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How did Washington deal with the United States’ economic issues and strengthen and unite the new nation? What were his major domestic and foreign policies/contributions?
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Organizing the Executive Branch President Washington State Foreign affairs Thomas Jefferson (anti-federalist) Treasury Money/Economy Alexander Hamilton (federalist) War Defense Henry Knox Attorney General Law/Constitutional issues Edmund Randolph Vice President John Adams (federalist)
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Organizing the Judicial Branch District courts in each state had a federal judge to hear maritime and other minor cases Circuit courts serve the appellate process Judiciary Act 1789- created the judicial system Supreme Court Chief Justice (John Jay) 5 associate judges serve for life Federal Circuit Court District Federal Circuit Court District Section 25- Allows state court decisions to be appealed to federal courts regarding constitutional matters. This guarantees that the federal gov’t remains the “supreme law of the land”
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Hamilton’s Financial Plan Debt? Pay off all foreign and domestic debt over time by financing it. Builds good credit with other nations and citizens Debt? Pay off all foreign and domestic debt over time by financing it. Builds good credit with other nations and citizens
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Hamilton’s Financial Plan Bonds - certificates of investment (loans to gov’t) Issue new bonds backed by new gov’t to cover debts of old ones Sell them to new investors to raise money to pay off debt Bonds - certificates of investment (loans to gov’t) Issue new bonds backed by new gov’t to cover debts of old ones Sell them to new investors to raise money to pay off debt
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Hamilton’s Financial Plan Assumption of State Debts- take over individual state debt and absorb it into the federal debt Unite the country Created controversy some states already paid off debt, increased the size of the foreign dept Assumption of State Debts- take over individual state debt and absorb it into the federal debt Unite the country Created controversy some states already paid off debt, increased the size of the foreign dept
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Hamilton’s Financial Plan National Bank- organize the nations economy, funded by federal government and wealthy investors Issue paper money Collect revenue Pay debts Arguments against the Bank Unhealthy alliance between wealthy northern merchants and the government Unconstitutional National Bank- organize the nations economy, funded by federal government and wealthy investors Issue paper money Collect revenue Pay debts Arguments against the Bank Unhealthy alliance between wealthy northern merchants and the government Unconstitutional
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Hamilton’s Financial Plan Loose interpretation of the Constitution Supported by Federalists (Hamilton and Adams) Elastic Clause “Congress can pass laws that are necessary and proper” Strict Interpretation of the Constitution Supported by Anti-Federalists (Jefferson and Madison) The government only has the powers listed in the constitution, read it “word for word” Loose interpretation of the Constitution Supported by Federalists (Hamilton and Adams) Elastic Clause “Congress can pass laws that are necessary and proper” Strict Interpretation of the Constitution Supported by Anti-Federalists (Jefferson and Madison) The government only has the powers listed in the constitution, read it “word for word”
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Hamilton’s Financial Plan Taxes should be levied to raise funds for running the gov’t and paying off debts Excise Tax- sales tax Tariff- tax on imported goods Whiskey Rebellion- Sales tax on whiskey, cut into the profits of corn farmers, many refused to pay, attacked marshals and threatened to secede from the union. Taxes should be levied to raise funds for running the gov’t and paying off debts Excise Tax- sales tax Tariff- tax on imported goods Whiskey Rebellion- Sales tax on whiskey, cut into the profits of corn farmers, many refused to pay, attacked marshals and threatened to secede from the union.
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