As the thirteen original colonies broke away from Great Britain it was developing into an effective democratic nation. As democracy continued to amplify, two main political parties took to formation. In the 1790s, the creation of Federalists led by Alexandra Hamilton and the Republicans led by James Madison and Thomas Jefferson began to quarrel on how the government should operate. The two main political parties were never able to recognize the other political view on government, economy, and foreign affairs.
The Federalists and Republicans had contrasting outlook on how the young nation’s government should function. Alexandra Hamilton’s Federalists were an advocate for a strong and centralize role of the government. Federalist’s vision for a stronger government who had the power to tax, make treaties, control exports/imports, and declare war. They believed the “elites” should rule over the ...view middle of the document...
In addition, the economy was another issue that the two political parties couldn’t see eye to eye on. Hamilton’s economic plan was based on the British model of a strong central bank. Federalists suspected America needed a national bank to regulate the currency, which would be controlled by bankers who are invested in the economy. Republicans thought the national bank was unconstitutional, feared it gave too much power to the elites. Another issue in the American economy was the national debt and who should pay it off. Jefferson believed states should retain their own debts meaning states should only pay off the debt they owned and nothing else. Hamilton’s political party favored for the national government should assume all state debts and pay it back at full value. The argument what will drive the American economy was another controversial subject. Federalist promoted manufacture to be the driving force of the economy as for the republicans it was in support of yeoman farmers.
Furthermore, foreign affairs became a primary battle ground for the political parties. The most influential event that occurred during this time was the French Revolution. Hamilton and the Federalist wanted the U.S to support England, due to its superior economic system. As for Jeffersonian Republicans they favored the U.S support France because of the assistance given to United States during the American Revolution.
There were no similarities between the two major political parties, other than that the United States needs a form of government. The creation of the Federalists and Republicans ultimately provided the United States more perspectives and see the other side. The Federalists were strong believers in a centralize and strong national government with a loose interpretation of the Constitution. The Republicans believed in a strict construction of the Constitution and in support of power to the state than national government. Both parties were only looking to progress the future of America and do what was best for the country.