Democratic-Republicans
assuming the states debt.
Federalists agreed to move the nations capitol south. SC moved their capital as well.
Creation Of A National Bank
Hamilton had long believed in the need for banks to provide credit and stimulate the economy. As early as 1780, he wrote a letter describing central banks in Europe and wondered, "And why cannot we have an American bank?" Hamilton helped found the Bank of New York in 1784. Soon after he became the nation's first Treasury Secretary, he was already proposing a national equivalent. On December 15, 1790, Hamilton submitted a report to Congress making the case.
French Revolution
When the french revolution began in 1789, the Democratic-Republicans support the French overthrow of their King, while the Federalists sided with Britain to secure the trade market.
Power Of The national Government
- Maintain army and navy
- Declare war
- Coin money
- Regulate trade between states and with foreign nations
- Make all laws necessary for carrying out our delegated powers
Alien And Sedition Acts
The Alien and Sedition Acts , Were four bills that were passed by the Federalists in the 5th United States Congress and signed into law by President John Adams in 1798, in the aftermath of the French Revolution and during an undeclared naval war with France, later known as the Quasi-War..
War With Britain Acts
In the War of 1812, the United States took on the greatest naval power in the world, Great Britain, in a conflict that would have an immense impact on the young country’s future. Causes of the war included British attempts to restrict U.S. trade, the Royal Navy’s impressment of American seamen and America’s desire to expand its territory. The United States suffered many costly defeats at the hands of British, Canadian and Native American troops over the course of the War of 1812, including the capture and burning of the nation’s capital, Washington, D.C., in August 1814.