controversy over the bank
charter (p. 162). Hamilton had little confidence in the wisdom of the
plain people. He believed it would be safer to rely on the richer
classes. So he and his friends wished to give to the central government
and to the richer classes the greatest possible amount of power. Those
who believed as Hamilton believed called themselves Federalists. In
reality they were Nationalists.
[Sidenote: Formation of the Republican party.]
208. The Republicans.--Thomas Jefferson, James Madison, Albert
Gallatin, and their friends entirely disagreed with the Federalists on
all of these points. They called themselves Republicans. In the Great
Declaration Jefferson had written that government rested on the consent
of the governed. He also thought that the common sense of the plain
people was a safer guide than the wisdom of the richer classes. He was
indignant at the way in which Hamilton defined the meaning of phrases in
the Constitution. He especially relied on the words of the Tenth
Amendment. This amendment provided that "all powers not delegated to the
United States by the Constitution nor prohibited by it to the states are
reserved to the states respectively or to the people." Jefferson thought
that phrases like "not delegated" and "necessary and proper" should be
understood in their ordinary meanings. He now determined to arouse
public opinion. He once declared that if he had to choose between having
a government and having a newspaper press, he should prefer the
newspaper press. He established a newspaper devoted to his principles
and began a violent and determined attack on the Federalists, calling
them monarchists. These disputes became especially violent in the
treatment of the questions which grew out of the French Revolution.
[Sidenote: The French Revolution, 1789.]
209. The French Revolution.--In 1789 the French people rose against
their government. In 1792 they imprisoned their king and queen. In 1793
they beheaded them, and set up a republic. The monarchs of Europe made
common cause against this spirit of revolution. They made war on the
French Republic and began a conflict which soon spread to all parts of
the world.
[Sidenote: Effect of the French Revolution on American politics.
_McMaster_, 206-207.]
[Sidenote: Federalists and Republicans.]
210. The French Revolution and American Politics.--Jefferson and
his political friends rejoiced at the overthrow of the French monarchy
and th
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