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Chapter 10 Concepts

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Chapter 10 Concepts
Chapter 10 Concepts
John Adams- Federalist who was Vice President under Washington in 1789, and later became President by three votes in 1796. Known for his quarrel with France, and was involved in the xyz Affair, Quais War, and the Convention of 1800. Later though he was also known for his belated push for peace with France in 1800. Regarding his personality he was a "respectful irritation".
Thomas Jefferson- was the Secretary of State. When Alexander Hamilton wanted to create a new national bank, Jefferson adamantly spoke against it. He felt it would violate states rights by causing a huge competitor for the state banks, then causing a federal monopoly. Jefferson's argument was that since the Constitution did not say Congress could create a bank they should not be given that power. This is the philosophy of strict construction. Thomas Jefferson's beliefs led to the creation of the political party, Democratic Republicans. They believed in an extremely weak central government, no special privileges for special classes, especially manufacturers, and did not believe in letting every white male the ability to vote, only those intelligent enough to make wise decisions.
Alexander Hamilton- Great political leader; youngest and brightest of Federalists; "father of the National Debt"; from New York; became a major general; military genius; Secretary of Treasury; lived from 1755-1804; became Secretary of the Treasury under George Washington in 1789; established plan for economy that went in to affect in 1790 including a tariff that passed in 1789, the assumption of state debts which went into effect in 1790, an excise on different products in 1791, and a plan for a national bank which was approved in 1791; plan to take care of the national debt--a. fund debt at face value, b. assumption of state debts, c. creation of National Bank, D. taxes plan was a success in dealing with the national debt; founded the Federalist Party.
Henry Knox- was the first secretary of war;

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