Preview

Federalists vs Whigs

Good Essays
Open Document
Open Document
989 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Federalists vs Whigs
Although historically represented as distinct parties, the Federalists and the Whigs in fact shared a common political ideology, represented many of the same interest groups and proposed similar programs and policies. Assess this.
Although the Whig party surfaced forty years after the Federalist party had died out, the two separate parties held many of the same ideals, and catered to many of the same constituents, causing these two parties to be more similar in history than different. The Federalist party was established originally to support the creation of a strong national government, after the Articles of Confederation were created in 1781. This party was led by Alexander Hamilton, whom being a well-educated and wealthy man himself, was followed in part by men of the same standards and social class.
One of the main ideas of the Federalist party was that of a "loose interpretation" of the constitution.(Garraty) This loose interpretation was used in determining the meaning of the elastic clause placed in the constitution. The federalist believed that because it would take hundreds of years to write down everything the U.S. government could do, the elastic clause was created. This clause allowed for the creation and addition of all things "necessary and proper" as needed by the national government. The federalists used this clause in the case of the National Bank. The opposing side, the Anti-Federalists led by Thomas Jefferson, believed that the bank was unconstitutional, because it was not specified in the constitution. The Federalists on the other hand deemed the bank to be "necessary and proper" to the government in order for it to run smoothly. The Federalists won out in the end and a national bank was created. Hamilton's financial system settled the problems caused by the revolutionary war, and the discrepancies between states and national governments rights when it came to taxation.
The Federalists were largely wealthy, aristocratic men, originating

You May Also Find These Documents Helpful

  • Good Essays

    Mcculoh v maryland

    • 376 Words
    • 2 Pages

    In 1791, as part of his financial plan, Secretary of The Treasury Alexander Hamilton proposed that Congress charter a Bank of the United States, to serve as a central bank of the country. Secretary of State Thomas Jefferson opposed the notion, stating that the Constitution did not specifically give Congress such a power which was under a limited government because Congress had no powers other than those specifically given to it. Upon hearing of Jefferson’s opinion Hamilton responded by arguing that Congress had all powers except those specifically denied to in the constitution also known as the “necessary and proper” clause Of Article l. Washington who was president at the time had agreed with Hamilton and there was when the bank was given a twenty-year charter that would expire in 1811. It wasn’t until the war of 1812 that President Madison realized the United States needed a central bank. He had recommended another bank be opened and in 1816 congress chartered a Second bank of the United States which quickly established branches throughout the Union.…

    • 376 Words
    • 2 Pages
    Good Essays
  • Good Essays

    America’s first two political parties began with Alexander Hamilton and Thomas Jefferson. This established the three branches treasury, state, and war. Hamilton had the role of secretary of treasury which he was with the federalist while Jefferson had the role of relations with foreign countries and he was with Republicans. Jefferson believed that America would be more successful if it had agricultural traditions while on the other hand Hamilton beliefs were more economically planned through facilities. Hamilton’s ideas and the Federalists were having a stronger central government acting in interest of commerce and manufactured (like Britain).…

    • 281 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The original political parties in America differed on their views of National Bank VS State banks. After many months of battling, they started to come up with their banks in September 17, 1787. Hamilton who was leading the federalist decided that it was a good idea to create a strong national bank. On the other hand, Jefferson who was leading the democratic-republicans thought it was a better idea to create a state bank. Hamilton believed that getting a national bank would be a place for the federal government to deposit money raised from the taxes.…

    • 578 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Second, establishing the national bank was the successful domestic policy by federalist (Hamilton). For example, by creating the first bank of United States, it will hold the government revenue and issue bank note (paper money) that would be legal tender throughout the country.it will organize the loan and debt as well. Next, democratic republican opposed this policy .in addittion, non-intercourse act of Jefferson (democratic republican) was the successful policy in which American ship were allowed to trade with all the nation except Britain and the France. Also, central bank centralize banking and intercourse act allow trade were the success of federalist and the democratic republican.…

    • 406 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In 1791 Hamilton argued that a National Bank would be of great benefit to the economy and would be the keystone of his plan for economic refinement. Jefferson was against it in every aspect.(Document A) Thomas’s logic was that the written constitution was not a wall of rules for the states but rather a wall to contain the federal government. Thomas perceived it as the confines the federal government had to work within; no more no less. Madison described it as a constitutional charter of constructs.(Document C) Thomas debates that the powers left unaddressed by the constitution are given to the states; Thomas uses the tenth amendment as evidence for his argument against the national bank.(Document A) However, a national bank is set up anyways, but it expires once its twenty charter is up. Hamilton wanted a consistent neutrality for the United States to express internationally as part of his plan. Britain was a crucial trade partner with America and would be needed once peacetime had begun and routine trade could begin. Jefferson and Madison believed isolation was the proper way to go; even in 1808 Jefferson passed the Embargo Act shutting all trade ports to other countries.(Document F) Jefferson saw trade as a source of conflict and a gateway to wars, which was not wrong. Alexander wanted neutrality to keep international trade so the economy would thrive. Jefferson was already in favor of complete isolation from any other country in any sort of manner.(Document D) Jefferson would argue against Hamilton over the topic of isolation versus neutrality. Jefferson believed that international trade and tariffs were unnecessary to the nation however tariffs were strongly supported by the federalists.(Document H) These taxes federalists would pass were planned to help pay for…

    • 1328 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Thomas Jefferson and Alexander Hamilton were on opposing sides when Hamilton announced plans for a national bank. They both organized themselves into 2 political parties: Republicans, led by Thomas Jefferson and James Madison, and the Federalists, led by Alexander Hamilton and John Adams. Alexander Hamilton stood for the interests of seaports, while Thomas Jefferson spoke for rural and southern interests. Primarily the debate between Jefferson and Hamilton was about concerns of power of the central government and power of states. Federalists were in favor of government power, while the Republicans favored states’ power.…

    • 172 Words
    • 1 Page
    Good Essays
  • Good Essays

    The two main political parties in early America, the Federalists and the Democratic-Republicans, fought many ideological and political battles from 1790 to 1810. Conflicts between these two parties grew out of their opposing ideologies the Democratic-Republicans supported states rights and a strict interpretation of the U.S. Constitution, whereas the Federalists favored a strong central government and a broader interpretation of the Constitution. However there are more than 3 major topics that I could talk about involving the Federalist and Democratic-Republicans between the years 1789 and 1812. Some of the topics are boring and some of the topics are pretty interesting.…

    • 383 Words
    • 2 Pages
    Good Essays
  • Good Essays

    They both advocated for citizens' rights to be protected. Federalist wanted a strong federal government. They supported Hamilton's debt plan and the developed of a national bank. Their supporters were many business people in the Northeast. Their leaders were Alexader Hamilton, John Jay, John Adams, Charles C. Pinckney, Dewitt Clinton, and Rufus King.…

    • 250 Words
    • 1 Page
    Good Essays
  • Satisfactory Essays

    Jefferson didn't agree with the idea of a National Bank because it was not in the Constitution. Hamilton wanted to create the National Bank of the United States. Hamilton said that the government could make a National Bank because it falls under the "necessary and proper" clause. The Clause gave the government the power to pass laws. Hamilton also stated that the writers of the Constitution could not have known that there would be a need for a National Bank.…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Thomas Jefferson: “Men, today we choose if America will have liberty or allow private banks to control our money and country.” Alexander Hamilton: “No, we must have a national bank in order to collect debt from each state during the war and pay it off in an orderly fashion” Thomas Jefferson: “Hamilton, you have failed to realize the purpose of our revolution which was to rid ourselves from heavy regulations and control of a central government. The introduction of of a bank will cause an abuse of power and would do so in the future.” Alexander Hamilton:…

    • 367 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The followers of both Thomas Jefferson and Alexander Hamilton experienced a lengthy battle in the year of 1791. This conflict involved the National Bank being established and the Jeffersonians and Federalists going head to head. Hamilton proposed a Bank of the United States, taking the Bank of England as his model. In this bank the central government not only would have a convenient strongbox, but federal funds would stimulate business by remaining in circulation. The bank would also print the needed paper money and provide a stable national currency. Jefferson argued against the bank and he insisted that in the Constitution, there was no specific authorization for such a bank. He believed that all powers not specifically granted to the central government were reserved to the states, while Hamilton was convinced of the opposite. Jefferson concluded that the states, not Congress, had the power to charter banks. Believing that the Constitution should be interpreted literally, Jefferson and his states’ rights followers embraced the theory of “strict construction.’’ In contrast, Hamilton believed that what the Constitution did not forbid it permitted, yet Jefferson generally believed that what it did not permit it forbade. Alexander Hamilton then presented a brilliantly reasoned reply to Jefferson’s arguments to President Washington. He explained the clause of the Constitution that states that Congress may pass any laws “necessary and proper’’ to carry out the powers vested in the various government agencies. Hamilton also argued that establishing a national bank would be not only proper but necessary, as well. He and his federalist followers supported the theory of “loose construction’’ by invoking the “elastic clause’’ of the…

    • 381 Words
    • 1 Page
    Good Essays
  • Good Essays

    Hamiltonian Federalists

    • 539 Words
    • 3 Pages

    First and foremost in controversy was the creation of a National Bank. They saw it as a vital component, not only of a developing nation, but also in becoming a global power. Federalists thought it would contribute to the growth of capitalistic enterprise and commercial societies. Furthermore, through the creation of this bank it would increase the power of the central government, which Hamilton concurred, was…

    • 539 Words
    • 3 Pages
    Good Essays
  • Good Essays

    This was the large dispute of the time and many people felt that Congress was not granted authority anywhere in the Constitution to create a national bank. They felt threatened that their new, free country was quickly going down hill and the Congress would begin to act tyrannical. However, I believe they really were justified in creating a national bank. A uniform currency is exactly what the country needed if the wanted to be respected and succeed. Article 1 Section 8 of the Constitution states, “The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States.” This says that when in time of need, the Congress can issue new laws and banks to eradicate debt for the benefit of the people and good-being of the entire country. It says that the bank or tax or etc must apply to the whole entire country and Hamilton will not stop until that is given, so yes I do firmly believe they had authority. In addition, I confidently agree with the establishment of the national bank of America. There was nothing wrong with what Hamilton and other…

    • 494 Words
    • 2 Pages
    Good Essays
  • Better Essays

    The statement “Although historically represented as distinct parties, the Federalists and the Whigs in fact shared a common political ideology, represented many of the same interest groups, and proposed similar programs and policies” is partially true. Both the Federalists and the Whigs shared common political ideas of the same interests groups, and proposed similar programs and policies- such as Clay’s American system and Hamilton’s economic plan. Both parties also believed in the National Bank because they thought it was necessary and proper. But, both parties had many differences as well. These differences consisted of representation, leadership and origination.…

    • 1298 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Dfkskfhsfhjkdf

    • 1103 Words
    • 5 Pages

    The Jeffersonian and Hamiltonian movements also provided different interpretations of the Constitution. Jefferson believed that there should be a very literal interpretation of the document, but Hamilton believed it could be more loosely interpreted. Hamilton believed there were some powers the president had that were implied. Jefferson did not like this way of thinking. The creation of the national bank created much controversy involving the interpretation of the Constitution. The Constitution never explicitly stated that the federal government had the power to form the bank. However, Hamilton claimed that under the Elastic clause the government had the authority to create the bank. Jefferson says that there is nothing necessary about a national bank. Hamilton’s argument is that the federal government has the power to print and coin money, so they must have a national bank in order to maintain the economic stability of the United States. Though Jefferson does not believe in Hamilton’s loose interpretation, he does use it to his advantage after the Louisiana Purchase. When the Louisiana territory is made available to the United States at such a low price, Jefferson feels that he much purchase the land. However, Jefferson has overstepped his constitutional authority with the purchase. Therefore, he uses Hamilton’s “implied” powers and gets the Senate to…

    • 1103 Words
    • 5 Pages
    Good Essays