Indeed, the Federalists, led by Alexander Hamilton, and the Republicans also called Democratic-Republicansled by Thomas Jefferson, were the first political parties in the Western world. Unlike loose political groupings in the British House of Commons or in the American colonies before the Revolution, both had reasonably consistent and principled platforms, relatively stable popular followings, and continuing organizations. The Federalists in the main represented the interests of trade and manufacturing, which they saw as forces of progress in the world. They believed these could be advanced only by a strong central government capable of establishing sound public credit and a stable currency.
United States History The conflict that took shape in the s between the Federalists and the Antifederalists exercised a profound impact on American history. The Federalists, led by Alexander Hamilton, who had married into the wealthy Schuyler family, represented the urban mercantile interests of the seaports; the Antifederalists, led by Thomas Jefferson, spoke for the rural and southern interests.
Hamilton sought a strong central government acting in the interests of commerce and industry.
He brought to public life a love of efficiency, order and organization. In response to the call of the House of Representatives for a plan for the "adequate support of public credit," he laid down and supported principles not only of the public economy, but of effective government.
Hamilton pointed out that America must have credit for industrial development, commercial activity and the operations of government. It must also have the complete faith and support of the people.
There were many who wished to repudiate the national debt or pay only part of it. Hamilton, however insisted upon full payment and also upon a plan by which the federal government took over the unpaid debts of the states incurred during the Revolution.
Hamilton also devised a Bank of the United States, with the right to establish branches in different parts of the country.
He sponsored a national mint, and argued in favor of tariffs, using a version of an "infant industry" argument: These measures -- placing the credit of the federal government on a firm foundation and giving it all the revenues it needed -- encouraged commerce and industry, and created a solid phalanx of businessmen who stood firmly behind the national government.
Jefferson advocated a decentralized agrarian republic. He recognized the value of a strong central government in foreign relations, but he did not want it strong in other respects. The United States needed both influences. One clash between them, which occurred shortly after Jefferson took office as secretary of state, led to a new and profoundly important interpretation of the Constitution.
When Hamilton introduced his bill to establish a national bank, Jefferson objected.
Nowhere was it empowered to set up a bank. Hamilton contended that because of the mass of necessary detail, a vast body of powers had to be implied by general clauses, and one of these authorized Congress to "make all laws which shall be necessary and proper" for carrying out other powers specifically granted.
The Constitution authorized the national government to levy and collect taxes, pay debts and borrow money. A national bank would materially help in performing these functions efficiently. Congress, therefore, was entitled, under its implied powers, to create such a bank.Watch video · How the Rivalry Between Thomas Jefferson and Alexander Hamilton Changed History appears in TIME’s special edition Alexander Hamilton: you need to know now on politics, health, money and.
Thomas Jefferson to George Washington, May 23, and Alexander Hamilton to Edward Carrington, May 26, in Jefferson vs.
Hamilton: Confrontations that Shaped a Nation, ed. by Noble E. Cunningham, Jr. Boston: Bedford St. Martins Press, Alexander Hamilton served as the Secretary of Treasury, while Thomas Jefferson served as the Secretary of State.
One of the greatest problems facing the new nation was the debt incurred during the Revolutionary War and economic depression.
Hamilton vs. Jefferson. A conflict took shape in the s between America's first political parties. Indeed, the Federalists, led by Alexander Hamilton, and the Republicans (also called Democratic-Republicans), led by Thomas Jefferson, were the first political parties in the Western world.
Although both men had been active in the Revolutionary effort and in the founding of the United States, Jefferson and Hamilton did not work together until Washington appointed Jefferson the first secretary of State and Hamilton the first secretary of the Treasury.
Thomas Jefferson to George Hamilton, Adams, Jefferson: The Politics of.
|United States History - Hamilton vs. Jefferson||Would you like to merge this question into it? MERGE already exists as an alternate of this question.|
|Orgins of U.S. Political Parties||Other men, most notably James Madison and John Adams, also contributed to the formation of political parties, but Hamilton and Jefferson came to represent the divisions that shaped the early national political landscape.|
|What Are the Similarities Between Hamilton and Jefferson? | timberdesignmag.com||Jefferson A conflict took shape in the s between America's first political parties. Indeed, the Federalists, led by Alexander Hamilton, and the Republicans also called Democratic-Republicansled by Thomas Jefferson, were the first political parties in the Western world.|
|Why was there a conflict between Alexander Hamilton and Thomas Jefferson||What are some similarities between Thomas Jefferson and Alexander Hamilton? Thomas Jefferson believed that the US should remain basically an agrarian nation with little manufacturing.|
What were the conflicts between Thomas Jefferson and Alexander Hamilton? Hamilton favored ason wawere surrendering only limited powers to the central government.