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Federalist Era. 1789-1800. George Washington. 1 st President of the U.S. Elected unanimously by electoral college Vice President John Adams Congress followed Washington’s lead a majority of the time. Money Problems. U.S. was in debt 65 million dollars.
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Federalist Era 1789-1800
George Washington • 1st President of the U.S. • Elected unanimously by electoral college • Vice President John Adams • Congress followed Washington’s lead a majority of the time.
Money Problems • U.S. was in debt 65 million dollars. • Alexander Hamilton, Secretary of Treasury • Supported full payment of bonds, increased tariffs, and a new national bank to stabilize the U.S. economy.
Money Problems Con’t • Thomas Jefferson, Secretary of State • Supported farming, low tariffs, and state run banking to stabilize the U.S. economy.
Results • Hamilton wins on every issue: 1.Bonds are paid in full 2.Tariffs increase to protect manufacturing 3.National Bank established for 20 years
U.S. Neutrality • Washington kept the U.S. neutral when war broke out between France and Britain during the middle of the French Revolution.
Why Neutrality? • The U.S. was in debt • Weak navy • Reliance on foreign made goods • Troubles at home (western frontier, whiskey rebellion etc)
Whiskey Rebellion • First rebellion against the new constitution. • Refusal to pay a tax on whiskey by small traders. • Rebellion ended without a battle.
1st Two Political PartiesFederalists • Led by John Adams & Alexander Hamilton • Believed in a strong central government • Popular in the north • Seen as the party for the “upper class”
1st Two Political PartiesDemocratic-Republicans • Led by Thomas Jefferson and James Madison • Believed in strong state governments • Popular in the south and west • Seen as the “common man” party
Election of 1796 • Federalist: John Adams elected as president • Democratic-Republican Thomas Jefferson elected as vice president.
Events During Adams’ Administration • XYZ Affair: French agents tried to force America to pay 12 million for a peace treaty. Made many Americans call for war. Adams was not willing to take the U.S. into war. • Alien & Sedition Act: Gave the president the power to throw out aliens, and made it illegal to publish/speak false things about the government.