1790-1812, DE USH
1. Hamilton’s Economic Plan
What was it?
A comprehensive strategy to stabilize the young nation's finances and promote economic growth.
Three main parts:
Assumption of State Debts: Federal government assumes debts incurred by states during the Revolutionary War to unify the nation financially.
Creation of the National Bank: Establish the Bank of the United States to manage debts, issue a stable national currency, and promote commerce.
Excise Taxes and Tariffs: Raise revenue through taxes (e.g., whiskey tax) and tariffs on imported goods to protect domestic industries.
What did it aim to achieve?
Build national credit to attract foreign investment.
Strengthen federal authority over economic policy.
Encourage industrial and infrastructural development.
2. Emergence of Political Parties
What were the parties?
Federalists:
Key leaders: Alexander Hamilton, John Adams.
Beliefs: Strong central government, support for industry and trade, close ties with Britain.
Democratic-Republicans:
Key leaders: Thomas Jefferson, James Madison.
Beliefs: Limited central government, agrarian focus, close ties with France.
Why did they emerge?
Disagreements over Hamilton’s financial plan, foreign policy, and the extent of federal power.
Federalists favored a loose interpretation of the Constitution; Democratic-Republicans preferred a strict interpretation.
3. Washington’s Proclamation of Neutrality (1793)
Purpose:
Avoid entangling the U.S. in European wars, especially the conflict between Britain and France after the French Revolution.
Protect U.S. trade interests and maintain stability in the young republic.
Impact:
Set a precedent for American foreign policy of non-involvement in European conflicts.
4. Hamilton vs. Jefferson’s Political Visions
Hamilton:
Advocated for a strong central government to manage national affairs and promote economic growth.
Supported a loose interpretation of the Constitution, allowing for implied powers like creating a national bank.
Emphasized industry, trade, and urban development.
Jefferson:
Favored states’ rights and a small federal government to protect individual freedoms.
Advocated a strict interpretation of the Constitution to limit federal power.
Focused on an agrarian society with independent farmers as the backbone of the economy.
Major disagreements:
National Bank: Hamilton saw it as essential; Jefferson viewed it as unconstitutional.
Foreign Policy: Hamilton supported Britain; Jefferson sided with France.
Economic Focus: Hamilton emphasized commerce and industry; Jefferson valued agriculture.
5. Whiskey Rebellion (1794)
What was it?
Farmers in western Pennsylvania protested against the excise tax on whiskey, which they viewed as unfairly targeting rural economies.
Why did it happen?
Whiskey was a key commodity for farmers, used both for trade and as a currency substitute.
Outcome and significance:
President Washington mobilized federal troops to suppress the rebellion, showing the federal government’s ability to enforce laws.
Strengthened the authority of the federal government but also highlighted rural discontent with centralized policies.
6. Alien and Sedition Acts (1798)
Who passed them?
Enacted by the Federalist-controlled Congress under John Adams.
What were they?
Alien Acts:
Increased residency requirements for citizenship from 5 to 14 years.
Allowed the president to deport non-citizens deemed dangerous.
Sedition Act:
Criminalized criticism of the federal government, targeting Democratic-Republican opposition.
Impact:
Viewed as an abuse of federal power and violation of free speech.
Led to backlash against the Federalist Party.
7. Virginia and Kentucky Resolutions (1798-1799)
Who wrote them?
Virginia Resolution: James Madison.
Kentucky Resolution: Thomas Jefferson.
What were they?
Arguments that states had the right to nullify federal laws deemed unconstitutional.
Direct response to the Alien and Sedition Acts.
Legacy:
Early articulation of states’ rights and the principle of nullification.
8. Marbury v. Madison (1803)
What was it?
Supreme Court case that established the principle of judicial review.
Why did it happen?
William Marbury sued Secretary of State James Madison for refusing to deliver his judicial appointment (one of John Adams’ "midnight judges").
Outcome:
Chief Justice John Marshall ruled that the Supreme Court had the authority to declare laws unconstitutional.
Strengthened the judicial branch.
9. Louisiana Purchase (1803)
What was it?
U.S. purchased Louisiana Territory from France for $15 million, doubling the nation’s size.
Why did it happen?
France, under Napoleon, needed funds for European wars.
Jefferson sought to secure control of the Mississippi River and expand U.S. territory.
Expedition:
Led to the Lewis and Clark Expedition, which mapped the territory and explored its resources.
10. Embargo Act; Non-Intercourse Act; Macon’s Bill No. 2
Embargo Act (1807):
Prohibited all U.S. exports to pressure Britain and France to respect American neutrality.
Backfired, devastating the U.S. economy.
Non-Intercourse Act (1809):
Replaced the Embargo Act, allowing trade with all nations except Britain and France.
Macon’s Bill No. 2 (1810):
Reopened trade with Britain and France, promising to halt trade with one if the other respected U.S. neutrality.
11. War of 1812
Causes:
British impressment of American sailors.
Interference with American trade.
British support for Native American resistance.
Key events:
Burning of Washington D.C. (1814).
Battle of New Orleans (1815): Major U.S. victory led by Andrew Jackson.
Outcome:
Treaty of Ghent (1814) ended the war without territorial changes.
Fostered American nationalism and weakened Native American resistance.
12. Development of National Culture
Republican Virtue:
Emphasis on morality, education, and civic responsibility to sustain a democratic republic.
American System:
Proposed by Henry Clay.
Aimed at uniting the country economically through:
Protective tariffs to promote industry.
A national bank to stabilize the economy.
Infrastructure improvements like roads and canals.