The Presidency of George Washington

 

     Formed the first cabinet

 

     Hamilton's Financial Plan:

           Funding:

                exchange old bonds for new

                pay foreign debt

                raise excise tax (Whiskey)

                protective tariff

           Assumption of state debts

           National bank

 

     Whiskey Rebellion Quelled

 

     Rise of the first two political parties

 

     Proclamation of Neutrality 1793

 

     Citizen Genet Affair 1793:

          

     Jay Treaty: the "sell out to the Brits"

           helps U.S. avoid war with Brits

     Pinckney's Treaty 1795:

           Spain feared U.S./British alliance

           agreed that:

                Mississippi is western U.S. border

                31st parallel is southern border

                rights of Navigation and deposit

 

     Farewell Address 1796:

           urged commerical relations with all

           "steer clear of entangling alliances

           with any portion of the foreign world"

 

           U.S. followed this policy until 1949

           when we joined with N.A.T.O.