Washington & Hamilton - Washington's Presidency

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As part of his financial plan Alexander Hamilton wanted to create a

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national bank

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He was the first secretary of the Treasury and one of Washington's most trusted advisors.

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Alexander Hamilton

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A tax on imported goods is called a/an

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tariff

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In order to establish credit for the US, Hamilton suggested that the US should...

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assume the debts of the states, create a national bank, institute taxes to raise revenue

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They favored a stronger central government that promoted trade and industry and favored strong relations with Britain.

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Federalists

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Who was the first president of the U.S.?

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George Washington

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Who was the first Vice President?

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John Adams

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Who did Washington hire to help pay off the nation's debt?

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Alexander Hamilton

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All of the following were a part of Hamilton's financial plan except:
Creating a National Bank, Protective Tariffs and increased Taxes, Consolidation of all the States' Debt, printing more paper money

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printing more paper money

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What is a precedent?

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A tradition for others to follow