Professional Documents
Culture Documents
• John Jay was the first Chief Justice of the Supreme Court
HAMILTON’S FISCAL POLICIES
• Favored wealthy
• Trickle down economics
• Assumption
• Central government assumed all state debts incurred during the
war
• Indebted the states to the federal government
• Massachusetts supports the proposal
• Virginia opposes the proposal
• Compromise: District of Columbia
“THE FATHER OF THE NATIONAL
DEBT”
• Hamilton’s policies to increase internal
revenue:
• 1st tariff law passed in 1789
• 8% on imports
• Excise tax on Whiskey
• 7 cents/gallon
• Whiskey Rebellion
• Washington’s suppression
• “Squashing a gnat with a sledgehammer”
QUESTION OF THE NATIONAL
BANK
• Hamilton proposed and Jefferson opposed
• Jefferson’s view:
• Appealed to 10th Amendment that what was not expressly granted to the federal government
should be reserved for the states
• Hamilton’s view:
• Appealed to the “Necessary and Proper” clause AKA The Elastic Clause. Government had power
over tax and trade, and it was “necessary and proper” to establish a bank to fulfill those powers
HAMILTON VS. JEFFERSON
• Hamilton generally believed that what the Constitution did not forbid, it permitted;
Jefferson, in contrast, generally believed that what it did not permit, it forbade.
THE NATIONAL BANK
• The Bank of the United States -- 1791
• Located in Philadelphia, PA
• Hamiltonians
• Jeffersonians
• Strong States Government
• Strong Central Government
• Strict Constructionists
• Broad Constructionists
• Supporters: commoners; middle class
• Supporters: wealthy; aristocrats
• Pro-French party
• Pro-British party
• Economy should be based on agriculture
• Economy should be based on merchants and trade
• Opposed the First Bank of the U.S.
• Supported the First Bank of the U.S.
THE FRENCH REVOLUTION
• Storming of the Bastille – 1789
• Hamiltonians:
• Strongly resisted the possibilities of war or embargos
• Hamilton’s economic development depended on trade with Britain
JAY’S TREATY
• British concessions:
• Pledged to evacuate the chain of posts on U.S. northern frontier
• (This had already been pledged in the Treaty of Paris in 1783)
• Consented to pay damages for the recent seizures of American ships
• American concessions:
• Payment of the debts still owed to British merchants on pre-
Revolutionary accounts
• Omissions:
• Future maritime seizures
• Future supplying of arms to Indians
PICKNEY’S TREATY
• Spain feared Jay’s Treaty foreshadowed an Anglo-American alliance
• Warned against:
• Permanent alliances
• Political Parties
• Washington’s Legacy:
• Central government was solidly established
• Kept the nation out of overseas entanglements and foreign wars
• Two-term tradition
ELECTION OF 1796
• Federalist candidate:
• John Adams
• Republican candidate:
• Thomas Jefferson
• XYZ Affair
• Charles Maurice de Talleyrand
• $250,000 price for the privilege of merely talking with Talleyrand
• John Marshall
ADAMS’ FOREIGN POLICY
• Prioritized principle over party
• Federalists wanted war with France
• Political suicide in exchange for peace
• Adams’ Legacy:
• Preserved peace with France
• Paved the way for the Louisiana Purchase in 1803 under Jefferson’s presidency
THE FEDERALIST WITCH HUNT
• Federalists wanted to silence the harsh opposition against them
• Alien Laws
• Raised residence requirements from 5 years to 14 years
• Sedition Act
• Anyone who obstructed the policies of the government or falsely defamed its officials, including
the president, would be liable to a heavy fine and imprisonment
• Violation of 1st Amendment rights: Speech & Press
• Alien and Sedition Acts made many converts for the Jeffersonians
VIRGINIA (MADISON) AND KENTUCKY
(JEFFERSON) RESOLUTIONS
• Brilliant formulations of the extreme states’ rights view regarding the Union
• Advocated nullification (refusal of acceptance) of the Alien and Sedition Acts
• Compact Theory
• The 13 sovereign states entered into a ”contract”/”compact” in creating the federal government
• Consequently, the national government was a creation of the states
• Therefore, the individual states were the final judges as to whether their agent (Federal
Government) had broken the compact by overstepping their limits
• “Water can rise no higher than its source”
• The nation swings away from Adams and the Federalists to the Republicans
• James Madison
• Jefferson’s new Secretary of State
• Tries to shelf Marbury’s commission
• Marbury brings a suit
• Assigns the Supreme Court powers to determine the meaning of the Constitution
• Impressment
• “Orders in Council”
• White House
• Capitol building
• The Storm…
BATTLE OF FT. MCHENRY
• Ft. McHenry – Baltimore, MD
https://www.youtube.com/watch?v=YqvNYfeaYuI
TREATY OF GHENT
• December 24, 1814
https://www.youtube.com/watch?v=50_iRIcxsz0
THE ERA OF GOOD FEELINGS
• Federalist opposition is all but vanished
• Non-colonization
• Non-intervention
ELECTION OF 1824
Candidates Electoral Vote Popular Vote Popular Percentage
Andrew Jackson 99 153,544 42.16%
John Quincy Adams 84 108,740 31.89%
William Crawford 41 46,618 12.95%
Henry Clay 37 47,136 12.99%
THE 12TH AMENDMENT
• If a candidate fails to win a majority of the
electoral vote…
• House of Representatives
• Tariff of 1832