Paying Debt
What was the most pressing need of the first government?
Paying off the war debt from the Revolution
Who thought Hamilton's plan was unfair?
Critics and people who believed speculators would unfairly benefit.
What was Hamilton's party called?
Federalists
What did Washington announce in 1793?
He was neutral and did not pick a party
How many laws were there in the Alien and Sedition acts?
4 laws
Who wanted to pay bonds at full value?
Where would the new capital be built?
Potomac River in District of Columbia
Who led the Democratic-Republicans?
Thomas Jefferson
What was Jay's Treaty with?
Britain
What happened to the citizenship waiting period?
5-14 years
How much did the U.S. owe Americans?
40 Million Dollars
What did the national bank help with?
debts, issue bank notes, promote trade, encourage investment, and promote economic growth.
What did Federalists want?
Strong national government
Why did Washington want neutrality?
To avoid war
What could happen to dangerous aliens?
Deportations
What two acts did Congress pass to raise money through imports and shipping?
The Tariff Act of 1789 and the Tonnage Act.
Who opposed a national bank
James Madison
What did Jefferson support?
Farmers
What did Pinckney's Treaty allow?
Use of the Mississippi River
What did the Sedition Act restrict?
What did Hamilton want to create?
A national Bank
What clause supported Hamilton's argument?
The necessary and proper clause in Article I Section 8
Which region supported Federalists?
Urban Northeast
What did Washington warn about in his Farewell Address?
Political division and foreign alliances
Which states passed resolutions against the laws?
Kentucky and Virginia