| A | B |
| precedent | an example set that others follow |
| Secretary of State | Thomas Jefferson |
| Secretary of the Treasury | Alexander Hamilton |
| Secretary of War | Henry Knox |
| Attorney General | Edmund Randolph |
| Postmaster General | Samuel Osgood |
| cabinet | the President's group of advisors |
| speculator | someone who bought up bonds cheaply, hoping to make money |
| Who did Washington choose as Chief Justice of the Supreme Court | John Jay |
| bond | IOU to the person from the gov't |
| Why did Hamilton want to pay off all the old bonds from the US gov't? | to get a good credit rating for the US, so people would want to invest in the US, to help the growth of business |
| tariff | tax on imported goods |
| An excise tax was placed on _____. | whiskey |
| How did Hamilton get southern states to agree to allow the Federal gov't to take over state debts? | he promised to move the capital of the U.S. |
| Which section of the US was against the excise taxes the most? | southern |