the greatest number of votes, Adams and Clinton were effectively competing for the vice presidency; under the letter of the law, however, they were technically candidates for president competing against Washington. Federalist nomination George Washington, President of the United States (1789-1797) John Adams, Vice President of the United States (1789-1797) Democratic-Republican nomination George Clinton, Governor of New York (1777-1795, 1801–1804) George Washington, President of the United States (1789-1797) Born out of the Anti-Federalist faction that had opposed the Constitution in 1788, the Democratic-Republican Party was the main opposition to the agenda of Treasury Secretary Alexander Hamilton. They had no chance of unseating Washington, but hoped to win the vice presidency by defeating the incumbent, Adams. Many Democratic-Republicans would have preferred to nominate Thomas Jefferson, their ideological leader and Washington's Secretary of State. However, this would have cost them the state of Virginia, as electors were not permitted to vote for two candidates from their home state and Washington was also a Virginian. Clinton, the Governor of New York and a former anti-Federalist leader, became the party's nominee after he won the backing of Jefferson and James Madison. Clinton was from an electorally important swing state, and he convinced party leaders that he would be a stronger candidate than another New Yorker, Senator Aaron Burr. A group of Democratic-Republican leaders met in Philadelphia in October 1792 and selected Clinton as the party's vice presidential candidate. Campaign By 1792, a party division had emerged between Federalists led by Treasury Secretary Alexander Hamilton, who desired a stronger federal government with a leading role in the economy, and the Democratic-Republicans led by Secretary of State Thomas Jefferson and Representative James Madison of Virginia, who favored states' rights and opposed Hamilton's economic program. Madison was at first a Federalist until he opposed the establishment of Hamilton's First Bank of the United States in 1791. He formed the Democratic-Republican Party along with Anti-Federalist Thomas Jefferson in 1792. The elections of 1792 were the first ones in the United States to be contested on anything resembling a partisan basis. In most states, the congressional elections were recognized in some sense as a "struggle between the Treasury department and the republican interest," to use the words of Jefferson strategist John Beckley. In New York, the race for governor was fought along these lines. The candidates were Chief Justice John Jay, a Hamiltonian, and incumbent George Clinton, the party's