USA HISTORY

Detailed explanation-1: -The Federalist Party came into being between 1789 and 1790 as a national coalition of bankers and businessmen in support of Hamilton’s fiscal policies.

Detailed explanation-2: -He also persuaded Congress to establish the Revenue Cutter Service. Hamilton’s views became the basis for the Federalist Party, which was opposed by the Democratic-Republican Party led by Thomas Jefferson. Hamilton and other Federalists supported the Haitian Revolution, and he helped draft the constitution of Haiti.

Detailed explanation-3: -Hamilton was a strong supporter of a powerful central or federal government. Federalist, followers of Hamilton, supported a strong central government, a loose interpretation of the Constitution, a bank of United States, and revenue tariffs.

Detailed explanation-4: -Those who supported the Constitution and a stronger national republic were known as Federalists. Those who opposed the ratification of the Constitution in favor of small localized government were known as Anti-Federalists.

Detailed explanation-5: -Hamilton and the Federalists wanted a strong central government, run by well-educated property owners. Jefferson and the Democratic-Republicans wanted most power to stay with the states and wanted the farmers and the ‘common man’ to run the nation.