Title: Federalists vs. Democratic Republicans - Political Parties
Headings: Federalists vs. Democratic Republicans
Federalists vs. Democratic Republicans
Content: Federalists vs. Democratic Republicans - Political Parties

Federalists vs. Democratic Republicans
Explanation for the Opposition
The Democratic Republicans favored the Southern Farmers and did not want a national bank which the Federalists pushed for. The Federalists favored theNorthern business owners and wanted a strong national bank. This strong national bank was designed to stabilize and improve the Nation's credit through the handling of money in Federal hands. By doing so,The Federalists believed that the U.S. would establish credit and financial order through the privately owned bank of the national government. Democratic Republicans feared that this bank would be dangerous as it was not thought to be a sound monetary system. They also did not like that the Federalist party favored the businesses of the North, as this bank did. The opposition of this bank came from a conflict between the economics of the North and the South and put the party at odds with each other. Who were the Democratic Republicans against? Thomas Jefferson and James Madison created it in the House of Representatives in extreme opposition to Alexander Hamilton's Federalist party. The Democratic Republicans despised the Federalists' idea of a national bank and thought it was unconstitutional.