G.W.’s Domestic Issues Inauguration NYC. Sad and Scared. “So help me God”. Precedents: 1. 2. 3. 4. “So help me God” Mr. President Cabinet 2 terms in office Hamilton’s Debt Plan: 1. 2. 3. 4. Bonds Tariffs-tax on foreign goods Whiskey tax Creating U.S. Bank Hamilton’s Compromise: Hamilton wanted to Natl. govt. to pay off all state debts. Southern states paid off all debts, not Northern states. South wants North to pay off own debts. South agrees to have Natl. govt. pay off Northern states debts in exchange South gets Natl. capital moved to Washington, D.C. Washington, D.C. Whiskey Rebellion Cause: Tax on whiskey Event: Pittsburgh, PA. 1000’s of farmers riot Response: G.W. sends 15,000 troops crushes rebellion. Leaders pardoned. Effect: New Constitution is strong, but fair (not too powerful) Whiskey tax
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