Title: Federalists vs Democratic Republicans - Difference Between
Headings: Difference between Federalists and Democratic Republicans
Difference between Federalists and Democratic Republicans
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A portrait of Alexander Hamilton, the founder of the Federalists party, by John Trumbull, 1806
A portrait of Thomas Jefferson, the founder of the Democratic-Republican Party, while in London in 1786, by Mather Brown
Federalists vs Democratic Republicans
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Content: Unless the Constitution gives power to Congress to do something, it can’t be executed at all. A Democratic-Republican Party cockade
The Federalists were a pro-British party. Alexander Hamilton was an advocate of trade, and he saw the British Empire as a powerful country, with which good trading relationships could benefit the United States’ economy. The Democratic Republicans, on the other hand, were a pro-French party. They appreciated French politics and were allies with them during the French Revolution period. The Jeffersonians also distrusted the British Monarchy in all respects, trade included. A black and white cockade, used in the American Revolution and by the Federalist Party
The Federalists thought that the economy of the United States should be based on merchants and trade. Democratic Republicans, on the other hand, believed that the economy of the United States should be based on agriculture, with farming being the backbone. The Federalists were supporters of the First Bank of the United States. They thought it would stimulate the economy and help build credit.