Brooke Roberts Sarah Cummins FEDERALISTS Strong Government, Strong Nation Kameron Karch Helena Wong Danielle Matthews Public Credit The government assumes state debt in times of public danger and war. Sate debt used to promote the respectability of America. The benefits of public credit are: trade is extended because there is more available money, more capital can be extended to agriculture and manufactures, the interest of money will decrease. National Bank The government wanted a central bank in order to strengthen the nation. It would help support troops for common defense and relinquish public debt. Hamilton said the bank was constitutional because the Constitution authorizes Congress to regulate US property. Views in France/Great Britain The United States should impose taxes on luxuries from Great Britain and other European countries. The US became economically dependent on Great Britain again. Alien and Sedition Acts The Alien Acts focused on those people who had yet to become naturalized citizens. The residency requirement was extended 14 years, the government was given the power to deport immigrants who posed a threat to the country during war or times of peace. The Sedition Act made it against the law to criticize the government. The Federalists believed these were constitutional acts that emphasized the strong central government. Manufacturing/Agriculture Federalists proposed this aspect of the plan to aid industries. High tariffs were put in place to protect American industries from foreign competition. Federalists hoped to break their manufacturing dependence on Great Britain.
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