Hamilton proposed his plan to congress in 1790. He had three steps to help the nation's finances: paying off all war debts, raising government revenues, and creating a national bank. Thomas Jefferson made a compromise to help Hamilton.
Hamilton's Financial Plan
Washington placed a tax on whiskey after the battle of Fallen Timbers. Angry farmers resisted the tax. They staged a plan called the Whiskey Rebellion. The farmers beat up a tax collector and later, Hamilton sent militia troops to Pennsylvania and put out the uprising.
In 1789, a financial crisis in France led their people to rebel, inspired by the Americans. The revolution became violent and monarchs thought it threatened their thrones. Britain started to fight France. Washington declared that America would remain neutral.