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Beginning of Federalist Period
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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 -
In return, the Capital would be moved to the south Debate over whether or not Elastic clause applied
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Authorized US ships to attack GB ships--violated neutrality
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British removed forts but did not respect neutrality or compensate for seized ships
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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
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Warned against political factions and making permanent foreign alliances