decay of credit, paper, and revenue, 106;

futile propositions, 106;

Hamilton's report on credit, 107;

debate over assumption of state debt, 107;

bargain between Hamilton and Jefferson, 108;

establishment of bank, 109;

other measures adopted, 112;

protection in the first Congress, 112-115;

the excise tax imposed, 123;

opposition to, 123-127;