Beginning of New Government Part 1

Beginning of New Government Part 1

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  • The First President 
  • Financial Crisis   
  • We owe $52 million...
  • Hamilton's Financial Plan 
  • Pay back all the owed debt.
  • Washington, being the first president, was inaugurated on April 1789 in New York City. He became anxious due to the fact that he would be setting the precedent for those that followed; his first job was to put a working government into place. 
  • Whiskey Rebellion 
  • The United States owed $52 million, but they were not making enough money to pay it back. This situation was complicated because most of the debt was in the form of bonds that most of the original owners had sold to spectators. 
  • Problems in Northwest Territory 
  • Kill the Americans!
  • Hamilton's Financial Plan consisted of all the federal and state government be paid back, a national bank be created, and there would be tariffs placed on imported goods. Two out of three parts of this plan were approved.  
  • French Revolution 
  • We want to be an independent nation!
  • As a way to raise money, Congress imposed a tax on all whiskey made and sold in the U.S. The farmers who made the whiskey, organized protests and refused to pay the tax. When the tax collectors tried to collect the tax, the farmers refused and burned down the house of a tax collector. 
  • The British had promised to leave from their forts within an reasonable amount of time. A decade later, they were still there, and they were supplying Native Americans with weapons to kill the Americans with.
  • The French Revolution began April 1789. The French were fighting against an unjust class system and not to be ruled by kings, and the Americans were fighting to be an independent nation. 
  • We do not want to be ruled by kings!
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