This Essay

Hamilton's party, known as the Federalists, favored a strong central government, a strong national bank, and an alliance with Britain (the nation with the strongest economy at the time). The Federalists passed protective tariffs to help American industry and considered the government's top priority the economy. The party died out after its defeat in the election of 1800, was reconstructed in the 1820's using the name Whig, and was the seed of the modern-day Republican party which formed in 1860.
Jefferson was a natural in politics. He was comfortable with wealthy gentlemen and poor farmers alike. And though Jefferson held powerful positions, he generally acted as a common man. When Jefferson was President of the United States, it was not uncommon for a visitor to the White House to be greeted by the president himself in his bathrobe and slippers. The president would make foreign dignitaries wait to see him while he spoke with an American farmer.
Just as Hamilton's political beliefs...