Payin' The Bills
This 1789 law imposed a tax on imports to generate revenue for the federal government.
What is the Tariff Act?
This institution was created in 1791 to serve as a central bank.
What is the Bank of the United States?
This 1791 tax on domestic spirits led to protests in western Pennsylvania.
What is the Whiskey Tax?
This group led the opposition to the Whiskey Tax.
Who are the Western Pennsylvania farmers?
Hamilton's economic plan strengthened the federal government in this way.
What is increasing its financial power?
Hamilton's plan to pay off the national debt involved assuming this.
What is the states' war debts?
The Bank of the U.S. was chartered to manage government finances and issue this.
What is currency?
The Whiskey Tax was part of Hamilton's plan to raise revenue for this purpose.
What is paying off debt?
The Whiskey Rebellion was sparked by this issue.
What is taxation without representation?
This aspect of Hamilton's plan helped establish U.S. credit.
What is assuming state debts?
This compromise helped secure support for Hamilton's financial plan from southern states.
What is moving the capital to the Potomac River?
This group opposed the creation of the Bank of the U.S. due to constitutional concerns.
Who are the Anti-Federalists?
This event in 1794 was a major challenge to federal authority.
What is the Whiskey Rebellion?
This event influenced the development of the U.S. party system.
What is the Whiskey Rebellion?
Hamilton's economic policies favored this group.
Who are investors/wealthy Americans?
Hamilton's plan for paying off the debt included issuing these to investors.
What are government securities/bonds?
The Bank of the U.S. was modeled after this European institution.
What is the Bank of England?
Washington's response to the Whiskey Rebellion showed this about federal power.
What is the government will enforce its laws?
The federal government's response to the Whiskey Rebellion demonstrated this principle.
What is federal supremacy?
The Hamiltonian economic system has been characterized as this.
What is capitalist?
This part of Hamilton's plan was designed to show the government's commitment to paying its debts.
What is funding at par?
This power struggle led to the downfall of the Bank of the U.S.
What is the battle over re-charter?
The Whiskey Rebellion ended this outcome for the rebels.
What is they were pardoned?
This leader emerged as a symbol of opposition to federal power.
Who is Albert Gallatin?
This economist critiqued Hamilton's economic policies.
Who is Thomas Jefferson?