USA HISTORY

Detailed explanation-1: -The Federalist Party was a conservative American political party and the first political party in the United States. As such, under Alexander Hamilton, it dominated the national government from 1789 to 1801.

Detailed explanation-2: -Hamilton and his associates, typically urban bankers and businessmen, then formed the Federalist Party to promote their shared political ideas. Federalists believed in a centralized national government with strong fiscal roots. In addition, the Federalists felt that the Constitution was open for interpretation.

Detailed explanation-3: -Yet not until Congress debated the ratification and implementation of the Jay Treaty with Great Britain did two political parties clearly emerge, with the Federalists under Hamilton’s leadership.

Detailed explanation-4: -Leading Federalist, Alexander Hamilton, was commemorated with his portrait on the 3¢ stamp. The Federalists had more than an innovative political plan and a well-chosen name to aid their cause. Many of the most talented leaders of the era who had the most experience in national-level work were Federalists.

Detailed explanation-5: -Federalist Party, early U.S. national political party that advocated a strong central government and held power from 1789 to 1801, during the rise of the country’s political party system.