Alexander Hamilton's Two Party System Dbq

Despite the fact the founding fathers advised contrary to the establishment of political factions as the Constitution withstood the ratification process, a rift amongst men in President George Washington’s cabinet instituted the move toward the conception of political party. During the time period between 1791 and 1833, a two-party system had begun that demonstrated the philosophy of the Federalists and Democratic-Republicans. Although these two political groups were unyielding in their original ideas and beliefs, both had to change a few of their initial standpoints on numerous topics as they dealt with the truth of the government.

This investigation will explore the question: To what extent did The Federalist Papers influence the ratification of the Constitution? The publications, arguments, and effects of this document will be the focus of the investigation to allow for an analysis of where and in what ways The Federalist was influential during the constitutional conventions from 1787 to 1789.

Another matter the two men disagreed on was the establishment of a national bank. Hamilton wanted a national bank so he could forge a relationship between business and the federal government. Jefferson, on the other hand, thought that such a bank would encourage people to leave agriculture for guesswork and give business interests too much power in the federal government.

During Washington’s presidency, Jefferson and Madison’s views contradicted Hamilton’s Federalist ideals. For example, the Republicans believed in a small central government. Therefore, Jefferson initially viewed the Bank of the United States to be unconstitutional because it was beyond the power of the national government. (Doc A) Then in the Virginia Resolution, Madison describes the compact theory and how states have the right to limit the national government based on the constitution. (Doc C) On the other hand, Hamilton supported a strong central government that could enforce the law and uphold the constitution. (Doc B)

Hamilton also proposed to pay off the foriegn debt and to issue new bonds to replace the old bonds. One of the most significant things Hamilton did was propose the idea of a national bank that would be funded by the federal government and private investors, and that would also issue money and handle all government funds. During the XYZ affair, the Federalists prefered to fight the French than to pay or negotiate, as the Republican position confirmed. The Federalists also agreed with and helped pass such laws as the Naturalization Act, the Alien Act, and the Sedition Act.

Over time, Thomas Jefferson and Alexander Hamilton have been arguing on their views on how to run our nation. Their opposing viewpoints resulted in the emergence of two political parties. One political party was the Federalist, who supported Alexander Hamilton. The second political party was the Democratic-Republicans, who supported Thomas Jefferson. As a member of the cabinet and a fellow American, I would support Alexander Hamilton and the Federalist party. I would support Hamilton because of his view on the economy and foreign policy. To elaborate, I would support the Federalists because of their perspective on the constitution and government. My opponents may say that their views on foreign policy, economy, government, and the constitution

I, a wealthy merchant of Philadelphia, import and export goods and receive lots of money in which I currently have to keep in a state bank. Keeping my money in a place like that is not safe. If there was a larger bank that I could keep my money without fear, I would chose to keep my money there. Also, a larger bank would have a larger pool of money. This benefits me because the larger pool of money there is, the larger amount of money I can make. If Hamilton argues for this type of bank, I will certainly vote for him because his plan interests and benefits me. However if Jefferson proposes that there will be no safety represented in this style of bank, my vote may change to him.

Alexander Hamilton once said, “A national debt, if it is not excessive, will be to us a national blessing.” Alexander Hamilton was one of the two parties that were in the 1790’s that disagreed about the economy of the country. Alexander Hamilton and Thomas Jefferson were a part of the two parties. Alexander Hamilton was a Federalist, and Thomas Jefferson was a Democratic-Republican. Federalists, they believed that trade and industry were more important than agriculture in the economy of the world, because it could increase our nation’s wealth, also they wanted to help create a capital, the last and final way was with our trading.

One of the biggest domestic problems the nation was facing during the 1790s was the debt that was a result of the Revolutionary War. Alexander Hamilton, leader of the Federalist party, proposed a financial plan that would solve the country’s debt problems while also creating a stable

Government had attempted to repress the split in society by not having political parties, however the growth continued to rocketed during the debates of Jefferson and Hamilton’s regards on federal authority. Hamilton was a federalist, he believed in a strong national government he wanted to give the nation additional powers. Hamilton was sympathetic towards slaves and believed in abolishment, for he had grown up in the North and wasn’t given the advantages of being wealthy but still achieved to become successful thought his hard work. He remained determined to breakout of his awful origins. Jefferson was anti-federalist; he was a firm believer in state right’s, he thought that a government with too much power might harm state authority. Jefferson’s theory was that agricultural stability would lead one to having security in society, this was one of the reason he believed slavery helped communities. He had also grown up in the South with every benefit that would have been wished for, Jefferson had little interest in business and was set on his agricultural ideas. Hamilton and Jefferson both lead such strong political groups behind them because they had the courage to make change for their people. Although both Hamilton and Jefferson had strong arguments against one another on the thoughts of a national bank and building a stronger economic plan, Hamilton’s notions has proven to be more fit for society.

Of all their disagreements, the debate over the bank was probably one of the most popular topics that the two men argued. Soon after Hamilton’s rise into politics, he created a plan for the for the government to establish a national bank. The idea that Hamilton set forth seemed to reflect the Bank of England because he admired the system that the English government had. Hamilton’s intricate banking system was created to have many branches placed across the States and create a common currency for the entire country. Hamilton also supported that the National Bank should be able to loan money to the government and act as a place to deposit their money. Hamilton created a very descriptive plan for a national bank that he offered to the Congress in December of 1790. To quickly confront America’s problem, Hamilton’s idea wanted the bank to pay off all debts the country had. Hamilton wanted to use this national bank in order to turn the economy in the right direction and strengthen the financial interests in America. Thomas Jefferson disagreed with the ideology of a national bank completely. Jefferson’s argument was that he believed the formation of a national bank under the government was unconstitutional and that the government didn’t have the power to do so. In Jefferson's Opinion on the Constitutionality of a National Bank, Jefferson says that

In the late 1700’s till early 1800’s, Alexander Hamilton and Thomas Jefferson were the two of major people in the government. Hamilton was the Secretary of Treasury and Jefferson was the Secretary of State. Hamilton belonged to the Federalist party while Jefferson was a member of the Democratic-republican party. Hamilton wanted to enlarge the power of the government. However, Jefferson’s view was the opposite.

Hamilton’s plan for the United States was to establish a national bank thus strengthening the federal government. All the measures that Hamilton had in his plan enhanced the federal government's power. Jefferson’s point of view on Hamilton’s plan establishing a national bank

Thomas Jefferson and Alexander Hamilton were two Founding Fathers with contrasting backgrounds that shaped their views and desires for the new nation. Jefferson, an anti-federalist from a wealthy, agricultural background advocated for the protection of states’ rights and the limitation of federal power. Hamilton, a federalist born from a poor family and who established himself through the military, advocated for a strong, central government. Both Jefferson and Hamilton would find themselves at ends with one another on a multitude of issues when it came to how the new nation would be organized. One topic that caused much controversy between the two Founding Fathers was the establishment of federal banking system. After the Revolutionary War, America found itself in near crippling debt and no essential way to bring in income rather than relying upon the states. Hamilton sought to implement a national bank to assist in administrating the nation’s finances and argues that it would create a more efficient, prosperous nation. Conversely, Jefferson saw necessity in having an agrarian economy and argued that not only did a federal bank give the national government too much power, but that it was also unconstitutional. When comparing the strengths of Hamilton and Jefferson’s arguments on the establishment of a national bank, it is evident that Hamilton’s argument for a national bank was superior to the antifederalist opposition.

This is a clip taken from the HBO series; John Adams It demonstrates a conversation between President George Washington's cabinet members Alexander Hamilton from Treasury Section and freshly returned from France and Secretary of State Thomas Jefferson. The conversation is a disagreement between both regarding Hamilton's projected supposition of the revolutionary war debts of the individual States below the power of the Federal government and the creation of a National bank. In actual fact these are some of the primary and foundational ideological differences between the origins of the Democrat that were known at the time as Federalist and Republican also known as Democratic-Republican parties. According to Hamilton the future prosperity of