Federalists
Democratic-Republicans
Leaders
Alexander Hamilton
Thomas Jefferson
•  Small farmers
Supporter
•  merchants
•  manufacturers
Economic • Encourage trade
and manufacturing
Policy
•  Growth of cities
and merchant class
•  Craft workers
•  Farmers backbone of nation
•  Manufacturing would
concentrate power in hands of
small group of wealthy
Americans
Federalists
Democratic-Republicans
Power of
Federal
Government
• Strong Federal
Government
• More power to state
governments
Bank of the
U.S.
• Bank is necessary
for government to
collect taxes and pay
bills
•  against Bank
(unconstitutional)
Federalists
Democratic-Republicans
Interpretation Loose interpretation
Strict Interpretation
of the
•  gives Congress
•  nowhere in Constitution
Constitution
power to make laws
can Congress make a bank
(Elastic Clause)
Foreign
Policy
Close ties to Britain
(trade)
Ally of France since the
Revolution