Title: Dividing Issues of the Early 1800s | Sutori
Headings: Dividing Issues of the Early 1800s
Dividing Issues of the Early 1800s
Hamilton's Economic Policies
Formation of the Political Parties: Democratic-Republicans vs. Federalists
Foreign Policy
Constitutional Debate
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Content: Dividing Issues of the Early 1800s | Sutori
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Chad White
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Dividing Issues of the Early 1800s
Early issues in United States history led to disagreements between many politicians during Washington and Adam's presidency. These disagreements led to the formation of two early political parties: Democratic-Republicans and Federalists. Hamilton's Economic Policies
The new federal government was established in 1789. George Washington was elected the first president of the United States. Alexander Hamilton, as Secretary of the Treasury, called for an economic policy that would strengthen the national government. Hamilton proposed that the federal government (national government) pay the debt incurred as a result of the American Revolutionary War and that the national government assume (pay) the debts of the states from the war. A third proposal called for a national bank to issue bank notes and collect taxes. Hamilton asked Congress to pass a high protective tariff (a tax on imported goods) designed to make these goods more expensive thus encouraging Americans to make and buy goods at home, rather than buying them from overseas.