Washington & Adams

An action or decision that sets and example for the future

• precedent

• bonds

• national debt

• loose construction

• strict construction

Certificates that represent money owed by the government are called

• precedent

• bonds

• national debt

• loose construction

• strict construction

The total amount of  money owed by the United States is called the

• precedent

• bonds

• national debt

• loose construction

• strict construction

When you can ONLY do things that are SPECIFICALLY STATED in the Constitution

• precedent

• bonds

• national debt

• loose construction

• strict construction

When you have to do what the Constitution says, but can also take reasonable actions about things the Constitution doesn't mention

• precedent

• bonds

• national debt

• loose construction

• strict construction

 Who does this sound like?

"The federal government should pay off the states’ debt. This will build support for our strong central government and allow states to focus on trade." 

• Hamilton

• Jefferson

 Who does this sound like?

"We need to pay off our foreign debt immediately, and repay the full value of bonds issued to our citizens over time."

• Hamilton

• Jefferson

 Who does this sound like?

"We should follow the Constitution very strictly. The government can only do what it says."

• Hamilton

• Jefferson

 Who does this sound like?

"Speculators should not be paid the full value of bonds.  This cheats many poor farmers who were forced to sell their bonds at low prices."

• Hamilton

• Jefferson

 Who does this sound like?

"A national bank will provide a safe place to deposit government funds and will serve as a reliable source of loans for U.S. businesses"

• Hamilton

• Jefferson