The two main political parties in early America, the Federalists and the Democratic-Republicans, fought many ideological and political battles from 1790 to 1810. Conflicts between these two parties grew out of their opposing ideologies the Democratic-Republicans supported states rights and a strict interpretation of the U.S. Constitution, whereas the Federalists favored a strong central government and a broader interpretation of the Constitution. However there are more than 3 major topics that I could talk about involving the Federalist and Democratic-Republicans between the years 1789 and 1812. Some of the topics are boring and some of the topics are pretty interesting.…
- George Washington chose the talented Alexander Hamilton, who had served with him throughout the Revolutionary War, to take on the challenge of directing federal economic policy as the Secretary of Treasury. The first issue that Hamilton tackled as Washington's Secretary of Treasury concerned the problem of public credit. Governments at all levels had taken on so much debt during the Revolution. The commitment to pay them back was not taken very seriously. By the late 1780s, the value of such public securities had decreased to a small fraction of their face value. In other words, state IOU's — the money borrowed to finance the Revolution — was viewed as nearly worthless. Hamilton's vision for reshaping the American economy included a federal charter for a national financial institution. He proposed a Bank of the United States. Modeled along the lines of the Bank of England, a central bank would help make the new nation's economy dynamic through a more stable paper currency. The central bank faced significant opposition. Many feared it would fall under the influence of wealthy, urban northeasterners and speculators from overseas. In the end, with the support of George Washington, the bank was chartered with its first headquarters in Philadelphia. The third major area of Hamilton's economic plan aimed to make American manufacturers self-sufficient. The American economy had traditionally rested upon large-scale agricultural exports to pay for the import of British manufactured goods. Hamilton thought that this dependence on expensive foreign goods kept the American economy at a limited level, especially when compared to the rapid growth of early industrialization in Great Britain. Rather than accept this condition, Hamilton wanted the United States to adopt a mercantilist…
How did Jefferson’s ideals of government differ from those of Hamilton? Jefferson believed in strong states which would in return better control the government while also benefiting us while Hamilton believed in strong central government where the states would have limited power and the elite would have a say in government while also basing the economy on industry and large national debt.…
Hamilton believed that for the economy to grow, economic development had to be created and managed. He wanted to collect resources located all around North America and sell them to make a profit. Moving all these resources around would require management at a national level. Both Madison and Jefferson disagreed with Hamilton’s idea. Doing this would cost money and the country would be losing money instead of making a profit. They believed that the economy should recover and grow on its own.…
Hamilton believed that power was necessary for doing a thing. For example, power was needed in collecting taxes. Chapter 34 of Hamilton’s writings in Federalist paper is more about the concurrent jurisdiction, which covers the matter of taxes. It was argued that the concurrent jurisdiction played and important role by the power of revenue raising. Hamilton argued higher tariffs could affect consumers, because he believed that higher tariffs meant higher prices. Besides, higher prices would create monopoly that would put the market in a difficult situation. Hamilton’s altogether vision, which was seen as impossible by him, because it was also impossible to have different, trade members and occupation. He argued that the government should consider merchants as patron and friend. The most important thing was to keep taxes low, because it was the only boundary between the poorest to the wealthiest. Hamilton was disappointed about the poll taxes, because he believed that poll taxes should be imposed when…
He sought to use Britain’s economic model to create a nation that would one day be as influential as Britain. To do this, Hamilton would have to create a federal bank that would handle the economy and fund a strong government. He knew the United States would have secure currency that everyone trusted if the Bank of the United States was authorized. Hamilton believed that a bank was necessary for the advancement of the U.S. He said. “The powers contained in a constitution. . . ought to be construed liberally in advancement of the public good.” Jefferson had quite the opposite views on the Bank of the United States. He was against the idea of the bank because it would centralize powers in the big northern cities. Jefferson also feared that the banks would only benefit the rich. He did not believe that Congress had the power to create the Bank of the Unites States. Jefferson defended his beliefs by saying, “The second general phrase is to make all laws necessary and proper for carrying into execution the enumerated powers. But they can all be carried into execution without a bank. A bank therefore is not necessary, and consequently not authorized by this phrase”. Hamilton and Jefferson also…
Those that followed Jeffersonian ideologies believed that the Articles of Confederation were a suffice method of running the country. Hamilton believed in a large…
Alexander Hamilton is a believer of a loose interpretation of the Constitution. He believes that the Constitution is a living document capable to changes and adaption of new laws such as the addition of the Bill of Rights. Hamilton was a big believer in paying international war debt as soon as possible using any kind of mean necessary; therefore he proposed the idea of a National Bank to increase America’s economy. Being the country’s secretary of treasury Hamilton was focused on the improving the economy from commerce and manufacturing.…
Hamilton believed in a strong central government that sponsored transportation improvements. He believed that the government was necessary to provide structure so that businesses and industry could grow. Hamilton also envisioned the United States as an industrial power. This theory of a strong central government that promoted improvements in transportation proved to be true in the America. we know today. As years went on, the government became centralized and promoted improvements. One major transportation improvement was the railroad which first appeared in the United States in 1828. Also, highways were conceived and developed, and were successful in transporting products and people. These are just two examples of “Hamilton’s country” that “we live in.” In contrast, Jefferson did not support a strong central government, as he preferred for the power to rest in the states. Jefferson believed in a strict interpretation of the Constitution, and that the federal government should not interfere in commerce. While Jefferson raises a good point about interference with trade and business dealings, the United States was in need of regulated commerce so that mass disruptions, such as the Whiskey Rebellion, would not…
Throughout the 1800's, Jeffersonian Republicans thought that the federal government’s power was confined to the grants of the Constitution. On the other hand, the Federalists believed in the broad construction that gave the government any power that was not forbidden by the constitution. Despite the fact that the Jeffersonian Republicans believe in a strict interpretation of the Constitution, and Federalists believe in a loose interpretation, these beliefs were misrepresented according to the party’s views on the authority of the government during the presidencies of Jefferson and Madison. During this time, the Jeffersonian Republicans beliefs were inverted with the beliefs of the Federalists. The Jeffersonian Republicans leaned toward a loose interpretation and the Federalists leaned toward a strict one.…
However Jefferson had supported the average man unlike Hamilton who excluded the poor in his plans for the government and economy. Another example would be that Hamilton’s plan could become corrupted from the chosen few to become greedy and lead into tyranny. Jefferson had instead believed in divided power and in a weaker central government as he feared for a strong central government to take away liberty. The people participating in the federal government could be tempted to serve themselves rather than the people. Jefferson believed in the common people, calling them the “chosen people of God” (8). However Hamilton trusted only the rich and educated to partake in the government which would result with where the “poor would become poorer”…
Alexander Hamilton, one of the most important people of the time, was the first Secretary of the Treasury. Utilizing federal power to modernize the nation, he convinced Congress to use an elastic interpretation of the Constitution to pass laws that Jefferson deemed unconstitutional. These laws included federal assumption of the state debts, creation of a national bank, and a system of taxes through a tariff on imports and a tax on whiskey. Hamilton was also the creator of the Federalist Party. In contrast, Thomas Jefferson was born to a wealthy family but was nonetheless an anti-federalist. He was sympathetic towards the poor people and advocated state’s rights.…
When the members of the Constitutional Convention, after several months of vigorous debating, finally finished their work, many of the members still objected to this document. The Federalists were the group of people who desired to get the finished new constitution ratified and the Anti-Federalists were the group of people who disliked the new constitution and believed it shouldn't be ratified because it was missing several key parts. The Anti-Federalists formulated arguments based on the weaknesses they found in the new constitution and used them against the Federalists in order to gain support, while the Federalists convinced citizens of the righteousness of the new constitution in order to gain their support.…
the Federalists and Democratic differences were that they both had a different leader Federalists had Alexander Hamilton and Democratic Republicans leader was Thomas Jefferson. Federalists, lost interception of the constitution and they, and also the federal constitution. The Federalist was in charge to protect the Tarrifs. Federalist thought that it should be educated men who should own their own property and would also protect everyone's rights. The Democratic Republicans differences were that the they wanted the limit the government power.…
Consisting of vicinities of wealthy or "urban" populations the main philosophy behind its functioning was loose interpretation of Constitutional powers and ideals. A prominent leader, Alexander Hamilton, believed that in order for the country to be most competent with the modern world the "wealthy and well-educated" ought to have the most influential say in governing. His ideological foundation rested on the need for financial security. In order to gain this an instituting of various things must take place, which would serve as the basis of conflict.…