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The Democratic-Republican Party was an American political party formed by Thomas Jefferson and James Madison in 1791â93 to oppose the centralizing policies of the new Federalist Party run by Alexander Hamilton, who was then Secretary of the Treasury and chief architect of George Washington's administration.
Origin of the Democratic Party: The two original national parties were the Federalist Party and the Democratic-Republican Party. In 1816, the Federalist Party died out leaving a single political party for a short time. However, a split in the Democratic-Republican Party in the mid-1820s gave rise two factions: the National Republicans and the Democrats.