American Revolution

When George Washington was signed into office he had a lot of work to do. But there was a problem because he didn’t know how to do anything and had no presidents to look to before him and no one to advise him that is why he passed the Federal Judiciary Act. This act meant that there would be three separations of power and he would get help from all three branches when he needed advice that they specialized in. This act made the Supreme Court, which had one Chief Justice and five other judges as well as helping the other sections with smaller problems like leadership. Who was going to run the other sections of the cabinet; so George Washington assigned some very smart people and good friends to the positions such as Thomas Jefferson and Henry Knox.
   

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After the revolutionary war George Washington encountered another big problem and it was the war debt that they needed to pay to various countries across Europe and citizens in his own country. And they needed to pay them over 52 million dollars. The other states also had to pay a total of 25 million and when they asked the south for help the laughed. They said they had already paid their debt and said they shouldn’t need to spend more money to pay for the north too.

The idea of capitalism was made so people running family businesses could make more of a profit instead of giving it all to the government. There were no set prices and the people could choose the price known as market price or free price. When presenting capitalism the words used were “To influence free trade and to keep all the money available and therefore acquire wealth.”

After all the problems were encountered and people were looking for someone to fix them Alexander Hamilton stepped up with his financial plan. His plan was to pay off the war debt, raise revenue, and open a national bank. Part of his raising revenue plan was to have tariffs which would mean whenever imported goods were sold they gained an extra 25% of the price it was sold at. Now Alexander Hamilton is on the ten dollar bill.

When the George Washington resigned, the new president John Adams had beaten Thomas Jefferson in the electoral votes by 3 votes (71 – 68) they decided to move the capitol to Washington D.C. when he was in office it was not finished and it wouldn’t be until he left and the new president was inaugurated.

Alexander Hamilton’s idea to tax whiskey was a brilliant idea for some money but it made the farmers angrier than ever. The farmers always made wheat and turned it into whiskey then all of the sudden they were losing money. One day the farmers got together and had a riot and it actually took the president to calm them down.