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The Age of Federalism$
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Stanley Elkins and Eric McKitrick

Print publication date: 1995

Print ISBN-13: 9780195093810

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780195093810.001.0001

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The Emergence of Partisan Politics: The “Republican Interest”

The Emergence of Partisan Politics: The “Republican Interest”

(p.257) Chapter VII The Emergence of Partisan Politics: The “Republican Interest”
The Age of Federalism

Stanley Elkins

Eric McKitrick

Oxford University Press

The twelve-month period from the fall of 1791 to the fall of 1792 was marked by the emergence of what could for the first time be clearly discerned as an opposition. The opposition impulse was in reaction to the rising influence of the Treasury over administration policy, and to the fierce urge of Thomas Jefferson and James Madison to prevent the completion of Alexander Hamilton's grand design. They would partially succeed, and in the course of their efforts all the hostilities that had been accumulating since Hamilton's plans first began unfolding late in 1789 would burst fully into the open in bitter partisan warfare. Madison's attempt to prevent the establishment of a national bank had been no more fruitful than his effort to discriminate between original and current holders of Continental securities or his campaign to kill assumption. Hamilton had as of yet no idea of the frustrations George Hammond would encounter at the hands of Secretary Jefferson.

Keywords:   Thomas Jefferson, James Madison, Alexander Hamilton, partisan, national bank, George Hammond, opposition, Treasury

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