Essay about Alexander Hamilton 's Political Parties

1382 Words Jan 18th, 2016 6 Pages
“Let me…warn you in the most solemn manner against the baneful [evil] effects of the spirit of party…It serves always to distract the public councils and enfeeble the public administration, It agitates the community with ill-founded jealousies and false alarms; kindles the animosity of one part against another; foments [stirs up]…riot and insurrection [rebellion]” Washington spoke during his Farwell Address when he stepped down. He speaks of the disadvantages of political parties. But no matter what he tried to do, the political parties formed anyway. These parties formed from major issues of the time, such as back when Washington declared Neutrality, Alexander Hamilton’s plan to cure the country from an immense amount of debt, and even later in John Adam’s presidency, when Adams passed the Alien and Sedition acts. These acts created strong opinions throughout the nation and some people found others who shared their views. Due to these events opposing views were clearly evident and eventually these views were created into political parties.
One of the biggest problems concerning the nation was the immense amount of debt that was accumulating. One political figure thought of a way to solve this problem. That political figure was Alexander Hamilton. Hamilton created a plan that would in theory solve the problem of debt in the nation. His plan was split into three parts; assume the state debts, gain revenue and Organize a banking system. Acquiring the state debts would create…

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