- We believe in a strong national government rather than state governments.
- We believe in a commercial unity with other countries outside of America
- We believe in a central bank
- We believe in maintenance of taxes
- We in an assumption of state debts
- We believe in paying back loans given to finance the revolution
- We believe in a stronger U.S. Military
The Federalist Party held power from 1789 to 1801, forming against the Democratic-Republican Party during President George Washington’s first administration. The keys political leaders of this Party were, George Washington, Alexander Hamilton, and John Adams. John Adam was the only United States’ Federalist president. It remained a political party till its members moved into the Republican and Whig parties. The Federalist Party was able to break difficulties between America and Britain following the signing of the Jay Treaty in 1794. The Federalist Party set the foundation of a national economy, creating a judicial system and creating principles of foreign policy. Anti-Federalists such as Thomas Jefferson thought that a central authority or a national government might lead to the loss of individual and state rights, but the Republicans then adopted the principals of nationality and accepted most of their economic ideas.