Federalist Party
- Focused on promoting banking + commercial interests
- Head leaders included Alexander Hamilton, John Adams, James Madison
- George Washington despised political party conflict
- Pro-British
- Promoted the Bank of the United States
- ^^Loose construction^^ ^^+ the Elastic Clause^^
- Wanted a stronger federal gov’t
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Anti-Federalist Party
- Led by Thomas Jefferson
- Believed in the contributions of yeoman farmers
- Strict construction/interpretation of the Constitution
- If the Constitution doesn’t say we can do it, then we can’t do it
- Pro-French
- Supported agrarian + rural peoples
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George Washington
- 1789 - Elected as 1st president
- Dubbed the “Indispensable Man”
- Promoted careers of Alexander Hamilton + Thomas Jefferson + James Madison
- Didn’t like party politics BUT believed they were necessary evils
- ^^Wanted isolationism (US should stay out of foreign conflict)^^
- Precedents (ex. 2 terms)
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Alexander Hamilton
- 1790 - Becomes Secretary of the Treasury
- As an elitist, he had little faith in the common man
- Wanted a strong federal gov’t + high commercial and industrial power
- Died in duel w/ Aaron Burr
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Federalist Papers
- 1787-1788 - Published in newspapers
- ^^Anonymous editorials in New York encouraging the ratification of the Constitution^^
- Written by James Madison + Alexander Hamilton + John Jay
- Included Federalist No. 51 and Federalist No. 10
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Bill of Rights
- 1791
- Insisted on by the Anti-Federalists
- Used to protect individual + states’ rights
- Amendments 1-9 prevent abuse of individual rights
- Amendment 10 reserves powers to states
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National Debt
- ^^The gov’t would use direct loans + war bonds to get out of deep debt^^
- If the US defaulted on debt, there would be no other loans in future
- Bearing the debt burden together unified the states
- Thomas Jefferson didn’t like passing debt to the next generation
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Tariff
- Taxes on imported goods
- Source of income for federal gov’t
- Gave domestic manufacturers advantage over foreign competitors
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Assumption
- ^^The federal gov’t would take on debts of states^^
- Large extent for national unity
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Funding at Par
- Taking in old bonds and issuing new ones at the face value of the old bonds
- War bonds sold to rich citizens
- Included in Hamilton’s Financial Program
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Bank of the United States
- 1791
- Allowed by the “elastic clause” under implied powers
- ^^Believed to be “necessary and proper”^^
- Started 2-party system
- VERY CONTROVERSIAL
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Strict Versus Loose Construction
- 1789 - Debates begin
- Core of 2-party system
- Federalists wanted loose construction (elastic clause)
- Anti-Federalists wanted strict construction + limited gov’t
- The gov’t needed to find a balance between the 2 interpretations
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Excise Tax
- Targeted domestic goods
- ^^Was controversial because it was similar to Parliament’s mercantilist taxes under British rule^^
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Whiskey Rebellion
- Excise tax on whiskey
- 1794 - Pennsylvanian farmers rebelling
- Militia put down rebellion
- Showed that moving forward the fed. gov’t will defend the Constitution + enforce laws
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Treaty of Greenville
- 1795 - Battle of Fallen Timbers
- ^^General Anthony Wayne defeated Native Americans in Great Lakes region^^
- A peace treaty forced Native Americans to cede huge tracts of land
- British supplied liquor + guns, creating a tense relationship between the US + Canada
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Proclamation of Neutrality
- 1793
- The US would avoid being involved in war with Great Britain + France
- It was known that the new nation wouldn’t survive another war
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Jay’s Treaty
- John Jay
- 1795 - Signed by US + Great Britain
- ^^Since Britain was keeping soldiers in the US + continuing to trade w/ Native Americans, they were defying the Treaty of Paris^^
- Jay’s Treaty
- British will leave forts + give US trade concessions
- US will pay back pre-war debts
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Pinckney’s Treaty
- Spain wouldn’t give US access to New Orleans
- 1795 - Thomas Pinckney got access to New Orleans + opened navigation in Mississippi River
- Asserted rights of new nation
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Washington’s Farewell Address
- 1796
- ^^Set down the last important precedents^^
- 2 presidential terms
- Warned against 2-party system
- Supported stable financial policy + isolationism
- Warned that if the US doesn’t follow his advice, there would be bad consequences
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John Adams
- 1796 - Elected president
- Decline of Federalist Party
- ^^Alien and Sedition Acts were bad for his reputation^^
- Placed John Marshall in Supreme Court
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XYZ Affair
- 1798
- Involved an American peace delegation in France, three agents of the French Foreign Minister (labeled as X, Y, and Z in President John Adams' initial communications with Congress), and the French Foreign Minister's demand for a bribe from the American delegation
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Alien and Sedition Acts
- ^^1798 - Changing laws to favor Federalists^^
- Alien Act required that the requirements to be a US citizen had increased
- Sedition Act required a decrease in the power of the freedom of the press
- Maintain political advantage + very biased
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Kentucky and Virginia Resolutions
- 1798-1799
- Written by Madison + Jefferson
- Declared unconstitutional + null and void
- Alien and Sedition Acts were declared unjustified + erroneous
- Foreshadowed Nullification Crisis (South Carolina)
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BIG PICTURE
- Debated interpretation of Constitution + power of gov’t → 2-party system
- Federalist Party - Stability for new nation BUT unpopular
- Hamilton’s Financial Program - Loose construction
- Neutrality + territorial sovereignty + use of military → Security
- John Adams - Maintained peace BUT Anti-Federalists nullified A + S Acts
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