It also conceived of the First Bank of the United States as a way to standardize American currency and cope with national Revolutionary War debt. Hamilton also wanted America to adopt a mercantilist economic policy. This would protect American manufacturers through direct government subsides (handouts to business) and tariffs taxes on imported goods).
This protectionist policy would help fledgling American producers to compete with inexpensive European imports. * Bill Of Right added to the Constitution(1791) The first ten amendments that were added because of the ongoing debate of whether or not the constitution would be approved because it failed to mention basic rights and liberties which was a major issue during debates. Delegates number of amendments that would secure a wide range of liberties, such as the free exercise of religion, freedom of speech and press, and protection against unreasonable searches and seizures. * First Bank of the U. S. Chartered (1791) * Modeled along the lines of the Bank of England, a central bank would help make the new nation’s economy dynamic through a more stable paper currency.
This established the coinage system of the United States, and the dollar as the official U. S. * Fugitive Slave Law(1793) * This law was created in an effort to enforce the constitutional clause concerning escaped slaves.
The act allowed slave owners to take an escaped slave before a federal or local judge and with proof of ownership of that slave, that slave owner could receive a certificate authorizing the slave to be taken once again It also created a penalty of 500 dollars for the prevention of the retaking of a slave, or for rescuing, harboring, or concealing a fugitive slave.