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The new government under Washington: federalist period begins

AB
Federalist Party( inc. Washington, Adams,HamiltonWill control house and senate
George WashingtonEverything he does as president sets a precedent
Problems,178980 million rev. War debt; no national currency; army had only 600 men; no foreign policy
Judiciary act, 1789This set up the federal courts and set the number of Supreme Court justices at 6
Presidents firsts salary25,000 per year
Hamilton goals(1) establish the credit of the U.S by paying or debts (2) strengthen power of central gov
1791Congress charters the bank of the U.S to run for 20 years
Protective tariffTo help protect American industry from European competition
Excise taxTax on a domestic product



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