Add Glossary Terms Early American Republic The American Government • • • President #1 George Washington’s Presidency George Washington’s Cabinet • • • • Challenges to the New Government Domestic and Foreign Affairs Domestic Issues Domestic- at home, within the country Examples: health care, laws, taxes 1. Setting up a court system 2. Banking System (creating a stable economic system) 3. Taxation Domestic Issue #1 Setting up a Court System Setting Up the Courts! • • • • Domestic Issue #2 The Economy Alexander Hamilton's Economic Plan • • 1. 2. 3. 4. Issue … • • • • • … • • • • This is to help American producers make money! • … Domestic Issue #3 Creating a National Bank Hamilton & the National Bank • Wanted a bank that could manage the country’s money • Would be a source for expanding capital in a growing economy • Hamilton argues that the bank is necessary therefore falls under Article I of the Constitution “necessary and proper” clause Jefferson & the National Bank • Jefferson argues that the bank does not fall under Article I’s “Necessary & Proper” clause • Madison & Anti-Federalists also led opposition, saying that it was unconstitutional • Northern reps voted 33-1 for bank; Southern reps voted 19-6 against it • This led to the question: Should there be a strict or broad interpretation of the Constitution? Why did Thomas Jefferson oppose the National Bank? Loose Interpretation Strict Interpretation Word for word If it doesn’t say I can then I can’t Thomas Jefferson V S If it doesn’t say I can’t then I can Alexander Hamilton Foreign Concerns Foreign- from another place, country. Issues between us and another country. Examples: War, trade, and world peace. Neutrality Foreign Concern Neutrality The French Revolution • • • • George Washington’s Legacy The Farewell Address At the end of his second term, Washington gives a speech about what he sees in America’s future. He stresses two important things: #1. Forming Political Parties He Said: America shouldn’t have political parties Why? He feared it would cause sectionalism & political factions (divisions, fighting) #2. Forming Alliances with Foreign Nations He Said: America should avoid making alliances with other countries Why? Staying neutral avoids problems
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