Tag Archives: Theodore Sedgwick

1.08 – Banking and Drinking



Congress Hall in Philadelphia, PA (c. 2007), photo by tim eschaton, courtesy of Wikipedia

Year(s) Discussed: 1789-1791

The government is on the move! As the federal government transitions to its new temporary capitol while Washington selects a site for the permanent capitol along the Potomac, it is also forced to deal with the most controversial proposal put forward to date: the creation of a National Bank. Meanwhile, Hamilton’s proposal of an excise tax on whiskey sails through and a new state is added to the Union. Source information can be found at http://presidencies.blubrry.com.