151. _____ electoral college: Body of electors who represent the people’s vote in choosing a president.
152._____Judiciary Act of 1789: Created 3 levels of federal courts and defined their powers and relationship to state courts.
153._____ national debt: Money owed by the United States
154._____ bonds: Certificates of debt that carry a promise to buy back the bonds at a higher price. Used to raise money for wars.
155._____speculators: People who buy items at low prices hoping that the value will rise and they can sell the items for a profit.
156._____ loose construction: Belief that the federal government can take reasonable actions that the Constitution doesn’t specifically forbid.
157._____strict construction: Belief that the federal government should only do what the Constitution specifically says it can do.
158._____ Neutrality Proclamation: Stated that the US would not take sides with any European countries that were at war.
159.____Jay’s Treaty: Settled disputes that had arisen between the US and Great Britain in the 1790s over Great Britain seizing American ships and the US owing Great Britain debts.
160._____Pinckney’s Treaty: Settled the border and trade disputes with Spain reopening New Orleans and expanding US borders.