Transcript I will take a HAM SANDWICH President Washington would have to

Washington’s Presidency
The president and the congress
began to set up the new government
Key Terms
Inaugurate
Federal Judiciary Act
Cabinet
Tariff
A Presidential Precedent
George Washington and John Adams Take the
Executive Office in New York after their
inauguration
George Washington would create every
precedent as president
George Washington would be called Mr.
President as a show of respect
Order In the Court….I will take a
HAM SANDWICH
 President Washington would have to set up the
courts and divide power with the states
 The Supreme Court was set up with Six members,
later nine, including one chief justice
 Lower Federal Courts would also be established
 John Jay Would be the First Chief Justice of the
United States
Taxi Cabinet
 The Congress had to help set up the president’s
Cabinet
 Washington would choose Henry Knox to be his
Secretary of War to oversee the Nation’s Defense
 Thomas Jefferson would be Washington’s Secretary of
State, overseeing international relations
A real Ham in the Cabinet
 George Washington Choose Alexander Hamilton as
his Secretary of the Treasury to oversee the Nation’s
Economy
 George Washington Choose Edmund Randolph as his
Attorney General to oversee US legal Matters
 All Four men made up Washington's Cabinet and
advised him in his presidency
Dis…Dat…and Debt
 Alexander Hamilton had to Find a way to repay the
debts owed to Private individuals and foreign
nations
 The US had to repay the debts to gain respect and
trade partners in other countries
 Hamilton's New plan needed the help of the wealthy
in the United States, so he paid them back first
National Moving Day
 Hamilton's Plan had three Steps:
 Pay off all war debts
 Raise Government Revenues
 Create a National bank
 States that had Paid back their War Debts did not
want to pay back the debts of the North
 To Gain the Support of the South the Capital of the
United States was moved to the south
Money in the Bank
 Hamilton also Placed a Tariff on Foreign goods to
raise money for the US and promote US Business
 Hamilton also founded the National Bank to
Establish financial stability
 The Bank Would give the US a place to keep its
money and a way to issue, and loan, money in the
United States
How Does a Can climb a rubber Band
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 Hamilton’s National Bank brought the meaning of the
Constitution into question
 Madison and Jefferson believed the Constitution meant what
it said and therefore did not Call for a National Bank
 Hamilton called a National Bank necessary and Proper and
instituted the Elastic Clause
 Washington Decided a National Bank was Necessary and
sided with Hamilton
Bank Bankerson
 People Earn Money and spend it on necessary, and
wanted, goods then put the rest in the Bank
 The Bank Uses that money to lend to Businesses, and
private citizens, earning interest on that money
 The Businesses create new, and better goods, to sell
and employ more people at better wages
 AAAAAAAAAAAAAAAAAAAAND REPEAT!!
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