Assumption Bill- National government buys state debts
Residence Act- moved capital from Philly to Washington DC
Whiskey Rebellion- farmers were mad about the excise tax on whiskey, attacked tax collectors and formed mobs
Effigy- a doll that looks like someone
Hamilton's Financial System- "trickle down economics", funding at par, "assumption" of states debts, high tariffs and excise tax on whiskey
Sin Tax- tax on things that are bad for you
Nullification- states can refuse to enforce a law that they think is unconstitutional
Alien Act- deports non- US citizens who support French, aimed at new immigrants and DR supporters
Sedition Act- made criticism of the war, the president, or the congress illegal.
Bank of The United States- safe place for tax revenue, regulate state banks, and provide low interest loans to industries.
No comments:
Post a Comment