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part 1

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  • Washington's Inauguration
  • Financial Crisis 
  • Where is all of our money!!
  •  Hamilton’s Financial Plan
  • Washington was Inaugurated on April 30th in 1789 in New York City. He set the precedent as the first president of America. 
  • Whiskey Rebellion
  • The people were in heavily in debt from the Revolutionary war by 52 million dollars. Also most people that bought the bonds sold them for less than they were worth which made it a lot more complicated.
  • Problems in NW Territory
  • His plan was to pay off all state and federal debt, create a national bank and to create a high tariff. However, only two parts of his plan passed The tariffs did not pass.  
  • French Revolution
  • A tax was imposed by congress on all whiskey and the farmers protested. They refused to pay the tax and burnt down the home of a tax collector. Now militia were sent in by Washington to stop the uprising. 
  • The British promised to withdraw from the northwest territory in a reasonable amount of time.  They were still there a decade later occupying the forts.  
  • The French Revolution started in April, 1789.  It focused on destroying an unfair class system.  Other reasons were a financial crisis, economic depression and enlightenment period.  
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