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TAMU HIST 105 - HIST 105 6_17_13

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HIST 1056/17/13- Federalists v. Anti-Fedso Federalists supported new constitutiono Anti-Feds suspicious of central government Pushed for bill of rights In 1792 known as Democratic-Republicanso This system vanished by the war of 1812o Original Federalists George Washington, Alexander Hamilton, John Adams James Madison switches sides latero Original Anti-Feds Thomas Jefferson- First election, 1788o Washington believed in no debates, but serving peoples willo VP was John Adamso Secretary of Treasury was Alexander Hamilton- Autarky o 1775-1814 uncertaintyo Self-sufficiency, refers to economic securityo Hamilton Born in Caribbean Father abandoned family, he is a self-made man Hamilton suggested growth of manufacturing to become self-sufficiento Jefferson Ideological leader opposite Hamilton Inherited wealth and preached simplicity Held slaves and spoke against it Promoted Agricultural growtho Support American growth through tariffso US followed Hamilton’s ideas- Empress of Chinao 14 month trip to New York to China and backo Sent alcohol, herbs and ginsengo Brought tea, cotton and silko Earned $2000, 30% return to ship owners- War Bondso After Revolutionary War several war bonds had been given to other countrieso Decision had to be made whether to pay full bonds or partial valueo Hamilton suggested pay in full and US did cuz that’s how markets worko Also federal government should take on states debtso Establish uniform currency, bank of US 80% funded and controlled by private investors Questionable that wealthy decide creation of currency Usury rate (interest rate) Madison Objected because constitution had no bank Washington Opened bank anyway- 3 Capitalso Philadelphia – During Articles of Confedo New Yorko D.C. – cuz Virginia asked for it due to low debt from war- French Revolution, 1789o Storming of Bastille, 1789o Era of Terroro Strong support from US for revolutiono Later the federalists began to disagree with unorganized revolutiono Left and Right in politics came from French with royal loyalist on right, against on lefto When king executed in 1792, Federalists began to fear social uprising- Napoleono Head of state in 1798o Later grew in rank and became emperor in 1800so Federalists saw this and increased fearso European monarchs became scared- Jay Treatyo Overall unsuccessful, halted trade with Franceo England promised to remove troops in 2 yearso England saw this as still able to disrespect former colonies- Whiskey Rebelliono Washing led 15,000 militia into Ohioo Rebellion leaders quickly arrestedo This and other events hurt viability of US- 2 Termso Washington stepped down after 2 terms which became traditiono John Adams was next Presidento Cut off trade in 1790s with France when they required bribe to stop raiding ships- Adamso Supported 2 acts that lost public opiniono Alien Act – made it harder for new arrivals to become citizens and deport anyoneo Sedition Act – Became illegal to speak ill of government- Jeffersono Outgoing president Adams tried to stack court in favor of Federalists- Madison v. Marburyo Appointed by Adams but never got lettero Marbury’s selection got removed by Congress so he sued James Madisono First case of Judicial Review, said Marbury shouldn’t have been selected- Haitian Revolution 1791-1804o French ideals: Liberty, Quality, Fraternityo High Black Population after French revolution thought they should be freeo 2nd independent nation in western hemisphereo Napoleon sent 50,000 troops to defeat rebellion and failedo The rebellion scared American slave owners- Era of Good Feelingso After war of 1812o Little political opposition, economic tension- Cotton Gin, 1793o Cotton was not engine of economyo Became profitable in 1814o Very simple, so Eli Whitney made little moneyo Recipe for disaster for enslaved in Americao In 1800, first organized slave rebellion with 1800 men but heavy rains slowed them down and 2 men betrayed party from getting to


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TAMU HIST 105 - HIST 105 6_17_13

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