| Term | Definition |
|---|
| examples to be followed in the future | precedents |
| certificate issued by a government for an amount of money that the government promises to pay back but with interest | bonds |
| people who invest in a risky venture in the hope of making a large profit | speculators |
| tax | tariff |
| organized political group | faction |
| Washington's vise president | john adams |
| what was the whisky rebellion | when congress imposed taxes on all to help raise funds for the treasury, instead it lead to revolt and riots. so washington as the president with authority sent troops to stop the riot |
| what were the two main crisis's | debt from war and the whisky rebellion |
| what was hamilton's financial plan (what three parts) | first part was for the government to pay back all federal and state debts. the second was to charter a national bank for depositing government funds. the last and third is that hamilton wanted to have a national tariff or tax |
| who were the republicans led by | thomas jefferson |
| who were the federalists led by | alexander hamilton |
| what were some main beliefs of the republicans | people should have political power |
| what were some main beliefs of the federalists | the wealthy and educated should lead |
| what were the three branches set up for the executive branch | treasury, war, and state |
| who took the role of secretary of treasury | alexander hamilton |
| who became the secretary of state | thomas jefferson |
| who became the secretary of war | henry knox |
| who became the attorney general | edmond randolph |
| what was Washington's group of people called | a cabinet |
| what form was the nations debt in | bond form |
| what was tariffed | manufactured foreign goods |
| name two types of constitutional interpretations were used during the debate about the national bank | loose and strict |
| provided for a supreme court of 6 justices, 3 circuit courts, and 13 district courts | judiciary act of 1789 |
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