Hamilton wanted a centralized government focused on commerce and industry and allied with the British.
He wanted to make the United States a major commercial and military power.
Alexander Hamilton was a founding father of the United States
of America, as well as one of the most prominent interpreters
and promoters of the constitution, the creator of the nation's
financial system, and the first American to join the
political party. He was a supporter of the federal government.
The Federalist Party was a nationwide group of bankers and
industrialists that backed Hamilton's financial principles.
These supporters worked diligently in every state to
form an organized political party dedicated to having a strong
central government. They favored feudalism and modernization.
Washington wanted to set a good example by appointing the best people
to his administration, so he chose two of the most brilliant young
Americans he knew to join him: Alexander Hamilton and
Thomas Jefferson. Hamilton oversaw both the Treasury and
the president's approval of plans such as a national bank.
He aided in the strengthening of the economy by assisting
with foreign exchange. As Secretary of State, Jefferson
assisted in the drafting of legislation that allowed the west to be settled.
Washington aspired to serve as President
of the United States of America.
The main reason was that
he believed that a democratic republic
could notsurvive without unity.
The United States, Washington believed,
would be divided and destroyed if
political parties were allowed to flourish.
“serves always to distract
the public councils and
enfeeble the public
administration. It agitates
the community with
and false alarms, kindles
the animosity of one
part against another,
riot and insurrection.”
The similarities and differences between the federalist and democratic-republican parties.
They both wanted a type of Republic.
They both tried to compromise with each to minimize political clashes.
They both believed that they were doing what was best for the nation.
The Federalists fought for a strong central government, while the Democratic-Republicans claimed that state governments should be more powerful than the federal government.
Federalism permits states to
pursue policies which are most
beneficial to them.
Federalism became the governing idea to protect Americans
against tyranny equal to that of King George III,
while also placing a check on rogue states.
The national government assumes the states' debts and
repays the national debt at par rather than market value.
The federalists also charter to the national bank,
the Bank of the United States.