Chapter 7 Flashcards
Alexander Hamilton’s “Report on Manufactures”
First secretary of the Treasury Alexander Hamilton’s 1791 analysis that accurately foretold the future of American industry and proposed tariffs and subsidies to promote it.
Bank of the United States
Proposed by the Secretary of Treasury Alexander Hamilton, the bank opened in 1791 and operated until 1811 to issue a uniform currency, make business loans, and collect tax monies. The second Bank of the US was chartered 1816 but was not renewed by President Andrew Jackson 20 years later
Republicans
First used during the early 19th century to describe the supporters of a strict interpretation of the constitution, which believed they would safeguard individual freedoms and states’ rights from the threats posed by a strong central government. The idealist Republican vision of sustaining an agrarian oriented Union was developed largely by Thomas Jefferson.
Citizen Genet
As the ambassador to the US from the new French Republic, he engaged American privateers to attack British ships and conspired with frontiersmen and land speculators to organize an attack on Spanish Florida and Louisiana. His actions and the French radicals excessive actions against their enemies in the new French Republic caused the French Revolution to lose support among the Americans
Jay’s Treaty
Treaty with Britain negotiated in 1794 by Chief Justice John Jay; Britain agreed to vacate forts in the Northwest Territories, and festering disagreements (border with Canada, prewar debts, shipping claims) would be settled by commission.
Whiskey Rebellion
Violent protest by western PY farmers against the federal excise tax on corn whiskey
Daniel Boone
He found and expanded a trail into KY which pioneers used to reach and settle the area.
XYZ Affair
French foreign minister Tallyrand’s three anonymous agents demanded payments to stop French plundering of American ships in 1797; refusal to pay the bribe led to two years of sea war with France.
Alien and Sedition Acts
Four measures passed during the undeclared war with France that limited the freedoms of speech and press and restricted the liberty of noncitizens.
Kentucky and Virginia Resolutions
Passed in response to the alien and sedition acts, the resolutions advanced the state-compact theory that held states could nullify an act of congress if they deemed it unconstitutional.