Period Apush
Articles of confederation era: * Each state functioned as its own little country * No national currency, many state currencies * Paper money issued as a promise for hard specie such as gold and silver * High inflation
* Newburgh conspiracy 1783: plan by unpaid continental army officers to force congress to assume powers of taxation over states * Northwest territory: * Ohio, Indiana, Illinois, Wisconsin, and Michigan area given to congress * Was the national governments only source of income * Land ordinance of 1785: * townships six miles square to be auctioned off (land speculation) * 16th acre reserved for public schools
* Annapolis convention: * convention to address weaknesses of the Articles of Confederation * only 5 states send delegates
* Shays Rebellion: * Led by Daniel Shay * Massachusetts passes high taxes to pay off revolutionary war debt, but will no longer accept paper money, only hard currency accepted as payment for taxes * Many famers foreclosed on for nonpayment of taxes * Mobs not stopped because there is no military * Event that exposes the weaknesses and killed the Articles
* Philadelphia Convention/ Constitutional convention: * May- September 1787 * To “revise” The Articles * Jefferson and Adams absent * Virginia plan: * Presented by James Madison * A bicamel legislature based on population/equality * 3 branches of government
The Federalist # 10: * By James Madison * Propaganda for federalists urging for stronger central government. * Says government is too weak * Public wellbeing is degraded because of rival parties, too much strife * Destroy liberty or give every citizen the same options, passions and interests; but cant destroy liberty because it is essential; to politics *