When the U.S. was founded, the capital was originally going to be in Philadelphia, but George Washington created a new territory and called it Washington District of Columbia, Or Washington D.C.

When Washington took office, he pledged to erase all of the national debt generated by the Revolutionary War, about $41 Million. Setting 5% tariffs on all imported items and taxing whiskey, he actually managed to erase all of the national debt for a short time! however, the whiskey tax eventually caused some problems.

Jefferson and Madison both thought that Hamilton's plans for the economy would give way too much power for the Federal Government. Many people also thought the U.S constitution did not grant congress the power to add a bank.

The national bank was created by Alexander Hamilton to settle the U.S. debt, since the U.S. had owed 75 million dollars ($2,145,272,727.27 in today's money) from the Revolutionary War.

When the U.S. tried to expand their territory, they tried to kick the Native Americans off their land, and the Natives did not like that so they ambushed the settlers to try and prevent them from expanding. This happened with the Miami tribe as well as the Ohio tribe.

Businesses in America faced many problems. The Spanish argued about the border Between the United States and Florida. Spain also closed the port of New Orleans to U.S trade in 1784, hurting the American economy, causing all valuable goods moving down the Mississippi. Washington asked Thomas Pinckney, a US Ambassador to meet with Spanish officials to discuss the problem. He asked the Spanish to reopen the trade ports of New Orleans. This would allow American boats to transfer goods in New Orleans without cargo fees. In October 1795, Spanish Minister, Manuel Godoy, agreed to Pinckney's Treaty, which settled the border and trade disputes with Spain.

In order to eliminate the national debt, Treasurer Alexander Hamilton created an excise tax (a tax on an item that isn't necessary to live) on whiskey, and called it the Whiskey act. This was not received well with poor western farmers who could save money this way, or use whiskey as currency. They decided to revolt! they attack tax collectors and they call for a second revolution. Then, Washington sent 13,000 troops to combat them, and to prove a point not to rebel again. Washington wants as little political connection with little foreign contries. George Washington wants to safely trust to temporary alliances for extraordinary emergencies. No one has ever stepped down as a president as George Washington