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Designed to pay off the U.S.'s war debts and stabilize the economy, he believed that the United States should become a leading international commercial power.
His programs included the creation of the National Bank, the establishment of the U.S.'s credit rate, increased tariffs, and an excise tax on whiskey.
Also, he insisted that the federal government assume debts incurred by the states during the war.
debt is good, tie interests of rich, promote home manufacturing, alliance with Britain
His programs included the creation of the National Bank, the establishment of the U.S.'s credit rate, increased tariffs, and an excise tax on whiskey.
Also, he insisted that the federal government assume debts incurred by the states during the war.
debt is good, tie interests of rich, promote home manufacturing, alliance with Britain
1798 - A commission had been sent to France in 1797 to discuss the disputes that had arisen
President Adams had also criticized the French Revolution, so France began to break off relations with the U.S.
Adams sent delegates to meet with French foreign minister Talleyrand's three agents told the American delegates that they could meet with Talleyrand only in exchange for a very large bribe.
The Americans did not pay the bribe,
and in 1798 Adams made the incident public, substituting the letters "X, Y and Z" for the names of the three French agents in his report to Congress.
President Adams had also criticized the French Revolution, so France began to break off relations with the U.S.
Adams sent delegates to meet with French foreign minister Talleyrand's three agents told the American delegates that they could meet with Talleyrand only in exchange for a very large bribe.
The Americans did not pay the bribe,
and in 1798 Adams made the incident public, substituting the letters "X, Y and Z" for the names of the three French agents in his report to Congress.