political parties

The factors of the formation of political parties in the 1790s included Alexander Hamilton's excise taxes, the disputes over how the constitution was to be read, and the federal bank. Because of the new national debt, these excise taxes were very necessary, but many people did not want to pay for them. Jefferson did not want to have a federal government because he believed that banks were to be left to the states, but because Hamilton was more persuasive in his arguments to Washington, he won.