April 30th 1789 in new york city he was inaugarated
were in so much debt of 52 million dollars i'm going to need your help to get rid of it
will do ser
Hamiltons financial plan
This is my plan.
I oppose part 3 of that plan.
I like it.
George Washington was inaugurated on April 30th 1789 in New York City. He was very nervous because he knew that the whole country would depend on him. He also was the first president.
In the financial crisis the country owed a total of $52 million including the state debt and the situation became complicated because the people who originally bought the bonds had sold them for less then they were worth so the country isn't making enough money.
Problems in NW Territory
we are not leaving
George Washington asked Alexander Hamilton to help come up with an idea to get rid of the debt because Alexander Hamilton was George Washingtons right hand man and the secretary of Treasury. So Alexander Hamilton came up with a 3 part plan. The first part was to pay back all the state and federal debt. The second part was to create a national bank. The third part was to raise the price on tarrifs but unfortinatally that part of the plan was rejected.
The Whisky Rebellion started because a tax on all Whisky made and sold in the country. The backcounry farmers who made the whisky refused and protested to pay tax. When officials tryed to collect tax a group of farmers burn there house down os washinton responded by sending the militia. The Whisky Rebellion tested the will of the government and showed americans that a armed rebellion was not acceptable in a republican.
This is what you get for collecting tax
According to the Treaty of Paris the british promised the americans to withdraw at a reasonable time and ten years later the british were supplying the natives with guns and amunition and the natives refused to see north of the ohio river.
the french revolution was a period of time when the french overthrew the government.