US History I Joseph Jones History Paper, Option A Professor Judy Rice 3/25/11 pocketable did George Washington know when he selected his cabinet, that he would be background knowledge the stage for political parties? For his secretary of state, he chose Thomas Jefferson, for and to organize the Treasury Department selected his former aide Alexander Hamilton. These deuce fine gentlemen led the two polar political factions that came to be known as the Federalists and the Democratic- commonwealthans. The Federalist troupe was founded by Alexander Hamilton. He used the Federalist Party to promote his policies. The Federalist Party believed in a strong central government. Thomas Jefferson and jam Madison, who was the leader of the inaugural United States Congress, led the Democratic - republican Party. The Democratic - Republican Party believed that the newly formed republic needed checks and balances to nurse individuals from the majority. The parties seemed to grapple their root when Alexander Hamilton was asked by Congress to line on ways to solve the state of matters financial problems. (Martin, p. 185.) Hamilton saw this as his chance to effect a financial program that embodied his political beliefs.
He believed that no society could succeed, which did not unite the interest and attribute of juicy individuals with those of the state. (Martin, p. 185.) Hamilton wanted to use his financial policies to strengthen national causality at the expense of the states. His aim to fix the federal ex officio debt of $54 million, plus another $25 million that the states o wed was not popular to Hamilton or his cause! . He wanted the government to murder over the entire debt amount and borrow new capital at a lower interest rate. While this sounds ask round a good idea, states like Maryland, Pennsylvania, North Carolina, and Virginia had already hand off their debt and were not excited to have the government bristle up other states tabs. For a long six months, this suggestion was bitterly debated in Congress....If you want to get a blanket(a) essay, ordain it on our website:
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