The First Presidential election was held in the newly created United States of America. Under the Articles of Confederation, the executive branch of the country was not set up for an individual to help lead the nation. So, under the United States Constitution they position was put in. Because of his prominent roles during the Revolutionary War, George Washington was voted in unanimously as the First President of the United States.
1797 · Albany is Named Capital of New York
Albany became the capital of New York in 1797. Albany is the oldest continuous settlement of the original 13 colonies.
1819 · Panic! of 1819
With the Aftermath of the Napoleonic Wars the global market for trade was down. During this time, America had its first financial crisis and it lasted for only two years.
1 German: occupational name or status name from the German word Knapp(e), a variant of Knabe ‘young unmarried man’. In the 15th century this spelling acquired the separate, specialized meanings ‘servant’, ‘apprentice’, or ‘miner’.2 German: in Franconia, a nickname for a dexterous or skillful person.3 English: topographic name for someone who lived by a hillock, Middle English knappe, Old English cnæpp, or habitational name from any of the several minor places named with the word, in particular Knapp in Hampshire and Knepp in Sussex.