Chapter 14

I. TARIFF: Restrictive Policy after the Revolution. Object of its Advocates to Strengthen the Central Government. Retaliatory Spirit against England. Desire for Independence as to Military Supplies.

II. FUNDING THE DEBT: Debt at Close of Revolution. Congress Liquidates the Domestic Federal Debt. Assumes State Debts. Debate on This. Secured by a "Deal." Scheme for Payment.

III. THE EXCISE; Excise on Spirits. Opposition in Pennsylvania. Result.

IV. THE BANK: Chartered by Congress. Hostility. Jefferson's Argument. Hamilton's. Good Influence of the Bank.