ch5 quiz 1 Flashcards
what was americas problem with britain (border problems) after the war?
treaty of paris required them to remove their troops, removed from settled parts, kept troops in NW US (great lakes), wants to control the fur trade bc US didn’t give back the tories stuff
what was americas problem with spain (border problems) after the war?
they won florida and gulf coast region, refused to turn over natchez captured during the war (far north of boundary), 1784 - closed lower Mississippi river to american commerce (reopened w/ modest tariff)
what were some foreign trade differences in the federalist era (3)?
US could now trade directly with Europe (no navigation acts), british export large quantities of goods to US - selling at a low cost to force competition out of business (dumping), paper money shortage
depression and an unfavorable balance of trade led to _________
pressure to print money and pass debt relief measures
before the war we dealth with the cash shortage by ______________ (4)
declaring various staple products to be legal tender, deliberately overvaluing foreign coins to discourage their export, making it illegal to ship coins abroad, printing paper currency
after the war, some states tried to _____________by imposing heavy taxes and _______________ new issues of money
restore credit, severely restricting
after the war, states trying to restore credit resulted in _________
lower prices/ wages and cries for debt relief
a majority of states printed money between 1785 and 1786 and was successful in _________ and unsuccessful in __________
SC, NY, and Penn
RI!!!
why was the printing of more money after the war to cope with the cash shortage unsuccessful in RI?
merchants flee RI so people can’t repay them because they end up printing so much money that it becomes worthless
why did Daniel Shay start a “Little Revolution”?
the massachusetts legislature was determined to maintain sound currency and pay off debt, protesting taxes amonglower class
what happened during Daniel Shay’s revolution?
summer 1786 - mobs in the west stopped foreclosures by preventing courts to operate
marched on capital to keep the supreme court from meeting
state gov sent troops that routed the rebels while shay escaped to VT
Mt Vernon meeting at ______ to _______
washington’s house, do constitution stuff
annapolis convention, success or fail? what next?
fail, Hamilton suggests another meeting to fix the article sof confederation
secret constitutional convention opens in _________ and all colonies but ____ sends delegates
philly, RI
what did the delegates determine at the great constitutional convention?
the articles went beyond repair and they needed to create a stronger central government, needed a federal system, republic –> 3 branches of government