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Washington Elected
Beginning of Federalist Period -
Funding and Assumption
Federal government was to pay all national and state debts
Republicans: thought this was corrupt and unfair to states who had paid and veterans who had sold their bonds
Federalists: wanted to gain support from investors and creditors -
National Bank
In return, the Capital would be moved to the south Debate over whether or not Elastic clause applied -
Edmond Genet
Authorized US ships to attack GB ships--violated neutrality -
Whiskey Rebellion
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Jay's Treaty Passed
British removed forts but did not respect neutrality or compensate for seized ships -
Pinkney's Treaty/Treaty of San Lorenzo
US/Spain: Opening of the Mississippi, right to deposit goods in New Orleans without paying duties, a secure southern boundary, and a promise to stay utof Indian affairs -
Washington Farewell Address
Warned against political factions and making permanent foreign alliances