Bill of Rights
a statement of fundamental rights and privileges (especially the first ten amendments to the United States Constitution)
Tariff Act of 1789
Tax on imports and all foreign shipping. It was meant to raise money and stimulate the merchant marine rather than to protect any industry.
Report on the Public Credit
Written by Alexander Hamilton which outlined a plan for the federal government to borrow money to pay all of its debts as well as those of the states
Assumption Bill
(1790) Alexander Hamilton's bill that took on the debts of states still in debt. This angered states that had already paid their debts off. Part of Hamilton's economic plan to create a powerful, national economic power. Only agreed to by moving the country's capital to the Potomac River (VA)
National Bank
(1791)"Bank of the United States," part of Hamilton's economic plan that provided a safe storage for government funds, serve as an agent for the gov. in the collection, movement and expenditure of tax money and finance new and expanding business enterprises (speeding up national economic growth). It was partly owned by the government and by investors. It's constitutionality was questioned
Hamilton's Economic Plan
Necessary because of excessive debts and led to the split into two political parties. 1) pay all debts-foreign and domestic (Assumption Bill) 2) tariffs (tax on imports) 3) excise tax (on whiskey) 4) National Bank 5) Subsidies (rejected)
implied powers
powers not specifically mentioned in the constitution
elastic powers
part of the constitution that lets the national government make all the laws that are " necessary and proper." Hamilton took a loose interpretation of this, Jefferson took it literally and strictly
Report on Manufacturers
Hamilton's plan to increase the growth and development of manufacturing. accomplished through tariffs, loans, grants, excise taxes to raise revenue, and subsidies. He argued that it benefited everyone in the long run
excise tax
An indirect tax charged on the sale of a particular good within a country.
Citizen Genet
French ambassador in America, went around country trying to recruit Americans to fight for French against the British --> kicked out for violating American neutrality. This made Republicans look bad
Whiskey Rebellion
(1794) a protest caused by Hamilton's tax on whiskey, the rebels threatened to burn Pittsburgh, but when the army showed up the rebels had disappeared; this heated up partisan conflicts
Jay's Treaty
Negotiated by John Jay. The British evacuated their posts in the West, compensate American shipowners for seizures made in the West Indies and to open their colonies in Asia to America ships. America had to pay pre-Revolutionary debts to British merchants. This was popularly despised
Pickney's Treaty
Treaty with the Spain that granted America the free navigation of the MS River and the right of deposit at New Orleans and it accepted the American version of the boundry between Florida and the U.S.
Right of Deposit
the right to store goods for export (Pickney's Treaty)
Farewell Address
Referred to as Washington's Farewell Address. Its main points included: assuming leadership in the Western Hemisphere, developing its own trade, national unity (no political parties) and not entering into permanent alliances with foreign nations, especially with Europe.
XYZ Affair
American diplomats are asked to pay a tribute to French agents (XYZ) to speak to them. This Angered Americans to the point of war, Adams managed to keep the U.S. out of war
Alien and Sedition Acts
These consist of four laws passed by the Federalist Congress in 1798: the Naturalization Act, which increased the waiting period for an immigrant to become a citizen from 5 to 14 years; the Alien Act, which empowered the president to arrest and deport dangerous aliens; the Alien Enemy Act, which allowed for the arrest and deportation of citizens of countries at was with the US; and the Sedition Act, which made it illegal to publish defamatory statements about the federal government or its officials. The first 3 were enacted in response to the XYZ Affair, and were aimed at immigrants. The Sedition Act was an attempt to stifle Democratic-Republican (Jefferson) opposition
Kentucky and Virginia Resolves
Political declarations in favor of states' rights, written by Thomas Jefferson and James Madison, in opposition the the Alien and Sedition acts. Maintained that states could nullify federal legislation they regarded as unconstitutional