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THE
PRESIDENCY
OF GEORGE
WASHINGTON
GW#1
1. Electoral college – a group of electors from each state who represent the
people’s vote in choosing the president
2. Pr...
7. Speculators – investors who buy items at low prices in hope that the value
goes up
8. Neutrality – the state of not sup...
Ways of Interpreting the Constitution:
Loose construction =
allows the government
to take actions not
specifically forbid...
• In January 1789, the states that had passed
the Constitution sent electors to choose
the first president
• This group wa...
• The new government had to create policies and procedures that would
determine the future of the country.
• Everything Wa...
• Congress passed the Judiciary
Act of 1789
=> This Act created the
federal court system we still
have today
• New York City was chosen as
the first capital because of its
size, spirit, and bustling
economy
• New York was the capit...
• Alexander Hamilton was the first U.S. Secretary of the Treasury
- He had the job of figuring out how to pay off the nati...
• The states were also in debt. Hamilton wanted to pay off the states debts to
help the national economy
- To do this, he ...
• The capital was moved
to Philadelphia in
1790, while a
permanent city was
being built on the
Potomac River. This
permane...
• Hamilton and Jefferson disagreed about many things:
HAMILTON:
- Favored loose construction
of the Constitution
- Believe...
• Hamilton saw the need for a national bank, where the government could
safely deposit its money
• He asked each state to ...
• The Bank of the United States received a charter in 1791
• The First Bank of the U.S. was built in 1795, on South 3rd St...
• At Hamilton’s suggestion, in 1792 Congress passed the Coinage Act which
authorized construction of a mint in Philadelphi...
Soc studies #18 presidency of george washington
Soc studies #18 presidency of george washington
Soc studies #18 presidency of george washington
Soc studies #18 presidency of george washington
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Soc studies #18 presidency of george washington

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George Washington's Presidency - Presentation 1

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Soc studies #18 presidency of george washington

  1. 1. THE PRESIDENCY OF GEORGE WASHINGTON GW#1
  2. 2. 1. Electoral college – a group of electors from each state who represent the people’s vote in choosing the president 2. Precedent – an action or decision that later serves as an example 3. Preside – to have authority in a group 4. Cabinet – a group of officials who are members of the executive branch 5. National debt – the money owed by a country 6. Bonds – certificates that represent money the government has borrowed from private citizens
  3. 3. 7. Speculators – investors who buy items at low prices in hope that the value goes up 8. Neutrality – the state of not supporting either side in a conflict 9. Privateer – a private ship authorized by a nation to attack its enemies 10. Mint – a place where coins are made 11. Monopoly – exclusive control of the supply or trade in a product or service 12. Commodity – a primary agricultural product that can be bought or sold
  4. 4. Ways of Interpreting the Constitution: Loose construction = allows the government to take actions not specifically forbidden by the Constitution  Strict construction = allows the government to only take actions specified by the Constitution
  5. 5. • In January 1789, the states that had passed the Constitution sent electors to choose the first president • This group was the first electoral college • They unanimously chose George Washington, with John Adams as his vice president • First Lady Martha Washington ran the presidential household, first in New York, (1789-1790) then in Philadelphia (1790-1797)
  6. 6. • The new government had to create policies and procedures that would determine the future of the country. • Everything Washington and his cabinet did would establish a precedent. • Washington’s cabinet made up the Executive Branch: => Thomas Jefferson – Secretary of State => Alexander Hamilton – Secretary of the Treasury => Henry Knox – Secretary of War => Edmund Randolf – Attorney General
  7. 7. • Congress passed the Judiciary Act of 1789 => This Act created the federal court system we still have today
  8. 8. • New York City was chosen as the first capital because of its size, spirit, and bustling economy • New York was the capital from March 1789 until July 1790 FYI: In 1792, the New York Stock Exchange was created under a buttonwood tree on Wall Street
  9. 9. • Alexander Hamilton was the first U.S. Secretary of the Treasury - He had the job of figuring out how to pay off the national debt from the Revolutionary War, about $52 million. - During the war the government raised money with bonds, but the new gov’t could not afford to honor them - Hamilton and Secretary of State Thomas Jefferson disagreed about how to pay off the country’s debts
  10. 10. • The states were also in debt. Hamilton wanted to pay off the states debts to help the national economy - To do this, he would need the representatives of the southern states to support his plan - This would be a challenge, because the southern states had less debt than the northern states • The southern states were also concerned that having the nation’s capital in New York would give the North too much influence over national policy. • Hamilton met with Jefferson and James Madison in 1790; they came up with a compromise: Hamilton would convince Congress to move the capital, and Jefferson and Madison would get the South to support Hamilton’s debt plan
  11. 11. • The capital was moved to Philadelphia in 1790, while a permanent city was being built on the Potomac River. This permanent capital would be known as Washington, DC. • Philadelphia was the capital until 1800
  12. 12. • Hamilton and Jefferson disagreed about many things: HAMILTON: - Favored loose construction of the Constitution - Believed in a stronger federal government - Wanted to promote manufacturing and business, and pass higher tariffs JEFFERSON: - Believed in strict construction - Wanted to protect the power of the states - Was more concerned with helping farmers, a large portion of the country’s population
  13. 13. • Hamilton saw the need for a national bank, where the government could safely deposit its money • He asked each state to start its own bank as well, so the national bank would not have a monopoly • While Jefferson and Madison felt that Hamilton’s plans gave too much power to the federal government, Washington and Congress agreed with Hamilton
  14. 14. • The Bank of the United States received a charter in 1791 • The First Bank of the U.S. was built in 1795, on South 3rd Street in Philadelphia • The Bank played a role in stabilizing the economy
  15. 15. • At Hamilton’s suggestion, in 1792 Congress passed the Coinage Act which authorized construction of a mint in Philadelphia • This was the first federal building built under the Constitution

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