hamilton's plan

1. US History
Ms. Gonzalez
October 20, 2016
Aim: Why did believe there
was a need for reform?
Do Now: Read Article I, section 8 of
the US Constitution and respond…

2. [Congress has the power] To make all Laws which shall be
necessary and proper for carrying into Execution the
Powers vested by this Constitution in the Government of the
United States, or in any Department or Officer thereof.
Turn & Talk
Think of
specific examples.

3. A statement in the U.S. Constitution (Article
I, Section 8) granting Congress the power
to pass all laws it considers necessary.

4. • What are the pros and cons
about the Elastic Clause?
Turn & Talk

5. When has the Elastic Clause
been used?
• Creation of a National Bank
• Purchase of Louisiana
Territory

6. Hamilton and the liked the
because they believed in a
of the Constitution.
o Believed in doing things even if they were
NOT written on the Constitution.
If it doesn’t say
not to do it,
then is OK!

7. Jefferson and the disliked the
because they believed in a
of the Constitution.
o Believed in ONLY doing the things that
were written on the Constitution.
We must only do
what the
constitution says we
could do

8. On April 30th
1789, George
Washington
took the oath to
become the 1st
president of the
United States.

9. But…. in 1789, the new nation
experienced
ProblemsNation’s finances were a disaster
• War Debts
• Citizens loaned money to the government
• State governments had their own wartime
debts

10. Alexander Hamilton was the
first secretary of the treasury
• His job was to fix the
nation’s .
Alexander
Hamilton

11. Involved 3 steps:
1. Paying the debt
2. Creating a national bank
3. Raising revenue ( )
• Whiskey tax
• Protective tariff
Hamilton's Plan

12. Task: In pairs, read the
text to be able to respond…
How did Hamilton fix the
nation’s finances?

13. 1. Why was it important for the
United States to pay off its war
debt?
2. What benefit did the protective
tariff give the American economy?
3. Why did Hamilton think it was
important to have a national bank?
4. Who did Hamilton’s Plan benefit

14. How the Protective Tariff works

15. How the National Bank works

16. Who did Hamilton’s plan benefit
the most?