George Washingtons Presidency

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George Washingtons Presidency
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New Constitutionso, what now?

• George Washington was in charge of the new
  government.
  
• He chose trusted leaders to help him governthis
  became the Cabinet.

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(No Transcript)
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Hamilton vs. Jefferson

• Strong national govt
• Upper-class rule (Republic)
• Loose interpretation of Constitution
• Yes, national bank
• Economy based on industry (shipping and
  manufacturing)

• Strong local govts
• Common people rule (Democracy)
• Strict interpretation of Constitution
• No national bank
• Economy based on farming

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Hamiltons Economic Plan

• Proposed a national bank.
• Funded by the federal govt and wealthy private
  investors (to keep wealthy investors involved in
  the countrys welfare).
  
• Many people didnt like this idea.
• James Madison thought it make an unhealthy
  alliance between government and wealthy
  businesses.

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Hamiltons Economic Plan

• Many said that because the Constitution didnt
  say a bank could be created, it would be
  unconstitutional to do so.
  
• Strict interpretation if it doesnt say you
  can, then you cant
  
• Loose interpretation if it doesnt say you
  cant, then you can

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Not a big physical move, but big psychologically.
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Formation of Political Parties

• Hamilton and Jeffersons differences became so
  big, that political parties developed around
  them.
  
• Federalists supported Hamilton (and his plans for
  a strong central government).
  
• Republicans supported Jefferson (and his plans
  for strong state governments).

No connection to todays Republicans. This is
actually the birth of the Democratic party we
know today.
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Political Parties

• What led to the rise of political parties? Were
  they helpful or harmful?
  
• How have they changed to what we see today?
• Same or different?
• Helpful or harmful today?

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George Washington on Foreign Policy
The Great rule of conduct for us, in regard to
foreign Nations is in extending our commercial
relations to have with them as little political
connection as possible. So far as we have already
formed engagements let them be fulfilled, with
perfect good faith. Here let us stop
Taking care always to keep ourselveson a respec
tably defensive posture, we may safely trust to
temporary alliances for extraordinary
emergencies.
So basically.STAY OUT OF IT!