Democratic-Republican Party: Difference between revisions

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The '''Democratic-Republican Party''', also known as the '''Jeffersonian Republican Party''', was a looselyan organizedAmerican [[political party]] founded in 1792 by [[Thomas Jefferson]] and [[James Madison]]. ThereIt was noformed single,to officialoppose namethe forprograms of the party;[[Federalist contemporariesParty]] usuallyled identifiedby themselvesTreasury asSecretary [[Republicanism|"Republicans"Alexander Hamilton]]. Scholars useThe "Democratic-Republicans"Jeffersonians andwe "Jeffersonianare Republicans"deeply committed to distinguishthe Jefferson'sprinciples Republicanof Party[[Republicanism fromin the modernUnited [[HistoryStates|Republicanism]], which they felt were threatened by the monarchical tendencies of the UnitedFederalists. States RepublicanThey Partyfavored |RepublicanFrance Party]],over whichBritain wasin foundedthe wars then raging in 1854Europe, and opposed a national bank. The Democratic-RepublicanFavoring Party[[Plain wasFolk of the dominantOld politicalSouth|yeomen]] partyfarmers and planters in the UnitedSouth, Statesas fromopposed 1800to the bankers and businessmen of the urban Northeast, the Jeffersonians came to 1824power with the election of Jefferson in 1800 and 1804, whenand itMadison splitin into1801 competingand factions1812. The Federalists faded away, and the Jeffersonians, despite internal divisions, dominated the [[First Party System]] until it too withered away after 1816.
 
 
There was no single, official name for the party; contemporaries usually identified themselves as [[Republicanism|"Republicans"]]. Scholars use "Democratic-Republicans" and "Jeffersonian Republicans" to distinguish Jefferson's Republican Party from the modern [[History of the United States Republican Party |Republican Party]], which was founded in 1854. The Democratic-Republican Party was the dominant political party in the United States from 1800 to 1824, when it split into competing factions.
 
Jefferson formed the party to oppose the economic and foreign policies of the [[Federalist Party|Federalists]], a party created a year or so earlier by Treasury Secretary [[Alexander Hamilton]]. The party opposed the [[Jay Treaty]] of 1794 with Britain (then at war with France) and supported good relations with [[France]] before 1801. The party insisted on a [[strict construction]] of the [[United States Constitution|Constitution]], and denounced many of Hamilton's proposals (especially the [[First Bank of the United States|national bank]]) as unconstitutional. The party favored [[states' rights]] and the primacy of the [[Yeoman#Yeoman Farmers|yeoman farmer]] over bankers, industrialists, merchants, and other monied interests.