Federalists vs Democratic Republicans Flashcards
Federalist Leaders
Alexander Hamilton
John Adams
Federalist Support
New England
Federalist Gov. & Interpretation
strong central gov.
loose interpretation of Constitution
Federalist Economic Policy
manufacturers, merchants, and trade
Federalist Debt
assume state debts
gov. should call wealthy speculators and exchange debt for bonds, payable at definite dates
did not see paying off debt entirely
Federalist Whiskey Tax
supported whiskey tax to help in raising revenue to fund nation’s debt
Federalist Tariff
gov should impose tariffs to raise revenue and protect America’s new industries
Federalist French Revolution
did not like the ideals of French Revolution, wanted to stay neutral
Federalist British/French
favored British
Democratic Republican Leaders
Thomas Jefferson
James Madison
Democratic Republican Support
from South and frontier farmers
Democratic Republican Gov & Interpretation
weak central gov
strict interpretation of Constitution
Democratic Republican Economic Policy
farmers, craft workers, rich plantation owners
Democratic Republican Debt
states should retain their own debt
states that paid off their debt should not have to thelp more negligible states to pay off their debts
Democratic Republican
Federalist Bank of US
national bank was necessary to collect taxes
Democratic Republican Bank of US
opposed national bank
Democratic Republican Whiskey Tax
opposed tax on whiskey because it was unfair for farmers’ incomes
Democratic Republican Tariff
opposed protective tariffs, thought it would increase dependence on the national gov
tariffs would hurt yeoman farmers by making products more expensive
Democratic Republican French Revolution
applauded spirit of French Revolution, should help the French in their Revolution
Democratic Republican British/French
favored French
