WE HAD BOTH WAR AND PROSPERITY AT OUR BEGINNING:

 

The Revolutionary was fought and won over a Eight year period from April 19, 1775 to September 3, 1783. The WAR debt of about $75 million was adopted as our first national debt.

 

The Constitutional Convention was held in Philadelphia from May 27, 1787 to September 17, 1787.

 

The Constitution; granting LIMITED POWERS to the federal government, was ratified May 29, 1790. The first election was held over a 26 day period from December 15, 1788 to January 10, 1789. Washington was elected and inaugurated on April 30, 1789.

 

Over the 65 year period from Washington’s inauguration on April 30, 1789 to Andrew Jackson’s payment of the federal debt down to zero in 1835 we experienced 32 years of balanced budgets. Four of those deficit years resulted from the war of 1812.

 

THE TRANSFORMATION

It was argued that the transformation that America underwent was the explosive growth of technologies and networks of infrastructure and communication—the telegraph, railroads, the post office, and an expanding print industry. They made possible the religious revivals of the Second Great Awakening, the expansion of education and social reform. They modernized party politics and sped up business by enabling the fast, efficient movement of goods, money, and people across an expanding nation. They transformed a loose-knit collection of parochial agricultural communities into a powerful cosmopolitan nation.

 

MORE DETAILS ABOUT COLLEGES

All the schools were small, with a limited undergraduate curriculum based on the liberal arts. Students were drilled in Greek, Latin, geometry, ancient history, logic, ethics and rhetoric, with few discussions and no lab sessions. Originality and creativity were not prized, but exact repetition was rewarded. The college president typically enforced strict discipline, and the upperclassman enjoyed hazing the freshman. Many students were younger than 17, and most of the colleges concurrently operated a preparatory school. There were no organized sports or Greek-letter fraternities, but literary societies were active. Tuition was very low and scholarships were few. Many of the students were sons of clergymen; most planned professional careers as ministers, lawyers or teachers.[12]   

 

PROSPERITY

·       We had a great first 104 years from 1789 to 1893 (focusing on 27 years from 1867 to 1893 with 20 surplus budgets in those 27 years.

·       During this 27 year period:

o     We became the world’s greatest wealth producer; we doubled the wealth production of Great Britain.

o     Our average wage was 7 cents per hour and,

o     There was no federal minimum wage,

o     We built Steel Ships for our Navy, the USS Katahdin, launched February 1893.

o     We had no national bank since Democrat President Jackson Wisely discontinued that entity in 1833, and

o     May 3, 1854, Democrat Franklin Pierce Wisely vetoed a federal welfare bill. A very thoroughly thought out veto and message. http://www.presidency.ucsb.edu/ws/?pid=67850

o     Despite the 1870 Supreme Court Legal Tender Findings, our pre 1900 monetary policy was based on the gold standard http://usfunds.com/investor-library/frank-talk/an-illustrated-timeline-of-the-gold-standard-in-the-us/#.WpuQ0-dG1c8 and

o        Federal tax rate was 3.1%, paid via the tariff with NO Individual tax preparations.

 

CHRISTIANITY

The US Supreme Court declared that we are a Christian Nation in 1892.

 

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