| − | The Federalist Party was the first [[political parties]] in the [[United States]]. In 1790, U.S. [[Secretary of the Treasury]] [[Alexander Hamilton]] proposed a set of reforms designed to put the new federal government on a strong financial basis. The plan divided Congress, and those who supported Hamilton became the Federalist Party. After a period of dominance under presidents George Washington and John Adams, a succession of misfortunes left the party without outstanding leaders: Washington died in 1799, Adams retired in 1801, and Hamilton was killed by [[Aaron Burr]] in 1804. The party drew most of its support from New England, a region that largely opposed the [[War of 1812]]. Many of the Federalist Party's leaders labeled the conflict “Mr. Madison’s War.” The Federalists were among the interests that called the [[Hartford Convention]] in 1814 for the purpose of amending the Constitution, and carried with it the implied threat of secession. However, the convention dissolved with news of the [[Treaty of Ghent]] and [[Andrew Jackson]]’s victory at the [[Battle of New Orleans]]. The war demonstrated that the Federalists had been right about the need for a stronger national government. In 1816, the Republican congress rechartered the Bank of the United States and enacted protective tariffs. The policies of the Federalists turned out to be far more popular than the Federalists ever were themselves; Republican [[James Monroe]] won the 1816 election in a landslide. New Hampshire Congressman [[Daniel Webster]], the most promising of the young Federalist leaders at this point, switched parties. In 1820, the Federalists failed to nominate a presidential candidate and Monroe was reelected without opposition. Defeat in the Massachusetts governor's race of 1823 ended the party's history. [[Chief Justice]] [[John Marshall]] was the last Federalist in the federal government, serving until his death in 1835. | + | The Federalist Party was the first [[political party]] in the [[United States]]. In 1790, U.S. [[Secretary of the Treasury]] [[Alexander Hamilton]] proposed a set of reforms designed to put the new federal government on a strong financial basis. The plan divided Congress, and those who supported Hamilton became the Federalist Party. After a period of dominance under presidents George Washington and John Adams, a succession of misfortunes left the party without outstanding leaders: Washington died in 1799, Adams retired in 1801, and Hamilton was killed by [[Aaron Burr]] in 1804. The party drew most of its support from New England, a region that largely opposed the [[War of 1812]]. Many of the Federalist Party's leaders labeled the conflict “Mr. Madison’s War.” The Federalists were among the interests that called the [[Hartford Convention]] in 1814 for the purpose of amending the Constitution, and carried with it the implied threat of secession. However, the convention dissolved with news of the [[Treaty of Ghent]] and [[Andrew Jackson]]’s victory at the [[Battle of New Orleans]]. The war demonstrated that the Federalists had been right about the need for a stronger national government. In 1816, the Republican congress rechartered the Bank of the United States and enacted protective tariffs. The policies of the Federalists turned out to be far more popular than the Federalists ever were themselves; Republican [[James Monroe]] won the 1816 election in a landslide. New Hampshire Congressman [[Daniel Webster]], the most promising of the young Federalist leaders at this point, switched parties. In 1820, the Federalists failed to nominate a presidential candidate and Monroe was reelected without opposition. Defeat in the Massachusetts governor's race of 1823 ended the party's history. [[Chief Justice]] [[John Marshall]] was the last Federalist in the federal government, serving until his death in 1835. |