Chapter 10 Flashcards
The first congress
- Counted the presidential electors ballots and declared that __ and __ had been unanimously elected.
- Bill of Rights
- __- this act organized the Supreme Court (with John jay as the chief justice), and five associates, as well as federal district and circuit courts, and established the office of Atty. Gen.
- ___- raised revenue and protected the nation’s infant Manufacturing.
George Washington, John Adams, Judiciary act of 1789, protective tariff
Who???
- Secretary of treasury
- What the Constitution did not forbid it is permitted
- wanted the nation to be involved with the manufacturing. Created a mercantilist plan that would facilitate economic expansion.
Alexander Hamilton
Alexander Hamilton’s mercantilist plan had four major features. Pt 1
-__: protect domestic manufacturing.
A.) discouraged competition from __ and required __ competitors to raise prices on their commodities. This will provide the government with revenue
Tariff of 1789
Abroad
Foreign
Alexander Hamilton’s mercantilist plan had four major features. Pt 2
2.__
A.) suggested that the US pit on its domestic and foreign debts (Congress had state debts).
i.) state debts
-___-state debts would be national obligations since they had been incurred in the war for Independence.
- the __ States were against this because it was the states ___ State that incurred most of this debt.
Report on public credit, assumption Bill, Southern, Northern
In response to your southern states against the assumption bill the__ was passed. ( support Hamiltons proposal if the capital of the US was relocated to the south (Philadelphia).)
Residents act