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Chapter 12 “I Can Statements # 1-14”

Chapter 12 outlines the pivotal moments of George Washington's presidency, from his unanimous election to the establishment of key financial frameworks by Alexander Hamilton. Despite his personal preferences, Washington maintained a stance of neutrality in politics, with a secret lean towards the Federalists, while Adams served as Vice President. The chapter also introduces the emergence of political parties, including Federalists and Republicans, shaped by ideological rifts between Jefferson and Hamilton. Additionally, it emphasizes Washington's Farewell Address and his warnings against partisan divisions and foreign entanglements.

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Chapter 12 “I Can Statements # 1-14”

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  1. Chapter 12“I Can Statements # 1-14”

  2. Washington takes the oath of office

  3. Washington’s Presidency Received all electoral votes Adams (Fed.) becomes VP Remained “neutral” in politics (actually, supported Federalists)

  4. Presidency • Total number of cabinet members: 14 • 2 term presidency: Amendment 22

  5. HAMILTON DID TWO THINGS! • 1. PAY OFF DEBT • 2. OPEN A NATIONAL BANK

  6. Important Terms!! • Capital: Money available for investment • Capitalism: Private enterprise where the government has as little power as possible on business, trade, and manufacturing. (Supply and Demand)

  7. How a bank works People deposit savings in banks and receive interest Banks loan money to businesses and receive interest. Businesses use loans o make products for sale and to pay workers’ wages

  8. END OF CHAPTER 121-14 • 1. OPEN BOOK TO p. 298 • 2. PLEASE CROSS OUT THE FOLLOWING QUESTIONS THAT YOU DO NOT HAVE TO DO! • 9,10,11,12 and definition of alien and sedition • 3. SHOULD YOU FINISH EARLY CHECK YOUR BINDER FOR MISSING WORK OR EXTRA CREDIT!

  9. CHAPTER TWELVE15-20

  10. Beginnings of Political Parties • Const. does not mention parties • Washington opposed them • These early squabbles created allies and enemies • Two camps emerge • Federalist • Republican (Anti-Federalist)

  11. Political Parties • In early 1790’s French people had launched their own revolution • Major differences between Jefferson and Hamilton led to political parties. • Bloody-The ruling group executed thousands of people including the king and queen • Americans stopped supporting France • Washington stayed NEUTRAL!!

  12. Farwell Address • No political parties • Advice on foreign Policy: relationships with the governments of other nations. • Washington advised to stay NEUTRAL

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