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Hamilton’s Report on Public Credit

Hamilton’s Report on Public Credit. Or…how to get the American economy on its feet!. The Federalists In Charge. George Washington as President, 1787-1796 Federalists v. Anti-Federalists Hamilton v. Jefferson Washington’s Cabinet State, Treasury, War Foreign Affairs Jay Treaty

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Hamilton’s Report on Public Credit

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  1. Hamilton’s Report on Public Credit Or…how to get the American economy on its feet!

  2. The Federalists In Charge • George Washington as President, 1787-1796 • Federalists v. Anti-Federalists • Hamilton v. Jefferson • Washington’s Cabinet • State, Treasury, War • Foreign Affairs • Jay Treaty • Impressment of American sailors • Pinckney Treaty • “Right of Deposit”

  3. The New Constitution Works! • Whiskey Rebellion, 1789 • Western Farmers • Taxation without Representation • Whiskey for legal tender • George leds the army • Comparison to Shays Rebellion?

  4. Hamilton Creates a Stable Economy Over $80 million in debt, largest problem facing the nation (federal, state, foreign) • Assumption of State Debt • Compromise: Nation’s capital • Excise Tax • Whiskey as legal tender • National Bank • “necessary and proper” • Funding at Par • IOU’s/Bonds/Continental Dollars • Speculation • Protective Tariff • No “protective”

  5. “BE FAT” • Washington’s Farewell Address • Permanent Alliances • France? • Political Parties • Federalists v Anti-Federalists • Isolationism • America’s foreign policy until World War II!

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