The federalist and the democratic republicans were two parties that gained popularity in the new United States, the bipartisan divide has stayed the same since. In the Constitution, there was no reference to political parties and that was on purpose. The famers of the Constitution thought that they were dangerous and would lead to animosity between them. The federalists emerged led prominently by Alexander Hamilton believed in a big government control, commercial economy and outreach in world affairs. The republicans emerged thus from opposition of federalist ideals. Thomas Jefferson rose as the influence for republicans and stood for a limited central government, most power to the states, and remain predominately rural and agrarian. Overtime …show more content…
He envisioned a strong government but stayed out of political controversies and deliberations in congress. Because of this Alexander Hamilton rose as the face of the federalist party. He influenced domestic and foreign policy when he was in office and even after his resignation. He believed that the new government needed the support of the rich and powerful so that they can lead the country. Hamilton also supported a loose interpretation of the constitution. He thought it was more of a guideline than strict law. Federalists also wanted to start a national bank, there were a few local banks in Boston, Philadelphia and New York but a national bank would be able to provide a stable way to bank money. Hamilton also proposed that the government assume the public debt that accumulated after the revolution. He wanted to create a large national debt the he believed the wealthy class would lend money to pay off the debt. Most members of congress were on board with funding the debt but many opposed accept the debt at face value. Since the debt was accumulated through old bonds Hamilton wanted the government to pay the bondholders themselves and not the original lenders. These were some of the ideals that were laid out by the federalist