Essentials of United States history . people. 220. Coinage of Money. — The national mint for thecoinage of gold, silver, and copper money was established atPhiladelphia, where it has ever since been in active first coins were struck in 1793. The decimal system ofmoney — ten dollars making an eagle, ten dimes a dollar, andten cents a dime — was adopted. 221. New States. — The new government contained thir-teen states, but during Washingtons first term two states Taxes on property may l)e on all property, real or personal, or theymay be on specific kinds of property, or on goods ma
Essentials of United States history . people. 220. Coinage of Money. — The national mint for thecoinage of gold, silver, and copper money was established atPhiladelphia, where it has ever since been in active first coins were struck in 1793. The decimal system ofmoney — ten dollars making an eagle, ten dimes a dollar, andten cents a dime — was adopted. 221. New States. — The new government contained thir-teen states, but during Washingtons first term two states Taxes on property may l)e on all property, real or personal, or theymay be on specific kinds of property, or on goods manufactured. ^A tariff for revenue is a tax on importations from foreign countriesand is designed to furnish money to carry on the government. A pro-tective tariff is designed to protect home production; and is placed uponraw materials or goods manufactured in countries where labor is cheap, sothat they cannot be sold in the United States at a lower price than goodsmanufactured here. WASHINGTONS ADMINISTRATION (1789-1797) 189. From the painting by Stuart. George Washington. were added. These were Vermont, in 1791, and Kentucky,in 1792. During his second term, in 1796, Tennessee wasadmitted. Hence by the year 1800 there were sixteen statesin the Union; eight of them were slave states and eightwere practically free states. 222. The French Revolution. — In 1793 the Frenchpeople executed their king, Louis XVI. Thereupon three 190 ESSENTIALS OF UNITED STATES HISTORY nations, England, Spain, and Holland, made war upon our Revolutionary struggle, France had aided us witha loan of money, with troops, and ships of war. Many ofour citizens now wished that our government would in turnhelp France in her struggle with those three nations. Wash-ington and Hamilton favored strict neutrality, but JeffersonDivision in wished to aid France. 1 Other difTerences arose inthe the Cabinet, which caused much heated discussion. Cabinet. ^j^j there was great political excitement t
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