I, Alexander Hamilton, am the leader of the Federalists!
AGRICULTURE IS THE BACKBONE OF THIS NATION!
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Hamilton led the Federalists, a political party that firmly believed in a strong central government. They thought that the wealthy and educated should lead. In fact, Alexander Hamilton proposed the electoral college.They were Pro-British, wanted to sell bonds, and had loose interpretations of the Constitution.
THE DEMOCRATIC REPUBLIC
I, Thomas Jefferson, am the leader of the Democratic Republic, with John Adams.
Hamilton thought that we should place tariffs on imported goods. Tariffs are taxes placed on goods from foreign countries. Hamilton wanted people to buy American made products, to promote the economy. This benefited the North because there were growing industries there. Jefferson opposed this, because it would decrease the amount of crops Europe bought from America.
THE FRENCH REVOLUTION
We need to fight with the French! Did they not help us in our revolution?
Hamilton proposed the idea of a national bank. He wanted for everyone to have the same form of currency, people to be able to borrow money, and more. Jefferson opposed this idea, saying it gave too much power to the government and not enough to the states. He feared a monarchy like England.
WHERE THE POWER SHOULD BE
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The two political parties arouse because Jefferson and Hamilton had such different views. The Democratic Republic party believed that the people should have political power. They were from the south and were farmers, so they hated tariffs. They opposed national banks, were Pro-French, and believed in a more democratic style. They followed the Constitution exactly and wanted a strong state government.
Thomas Jefferson believed that Americans should help in the French Revolution. They agreed in the Revolutionary War that they would help each other. Hamilton disagreed, saying the alliance they had was with King Louis, who was then dead. He and Washington both warned against long-term alliances. Washington decided to stay neutral.
Jefferson believed in a more Democratic style of government, having everyone's vote count, and the common people being in places of power. Hamilton did not like this. He thought that people were uneducated, and that the wealthy and educated should lead, or be in places of power.