The Federalist party asserted the import of centralized power in a controlled democratic setting and a strong, capitalistic economy that used powers of taxation only to protect and further the economy itself. This mentality now resonates strongly with modern conservatives, who consider themselves to be continuations of early American politickers; you will often hear them reference the founding fathers in their arguments.
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The writing and adoption of the Constitution coincided with the emergence of the Federalist and Anti-Federalist political parties.
The first two parties were the federalist and anti-federalist party
Ratification- Federalist Anti-ratification- anti-federalist
The Federalist Papers
Alexander Hamilton was never elected US President, although he may have aspired to the position. He was the first Secretary of the Treasury and leader of the Federalist Party.