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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.
Democratic party was founded in 1824 and Republican party was founded in 1854 and both share the same cartoonist who designed cartoons for these parties based on latest happenings , which later went on to become their national party symbols. Democratic party symbol is a donkey and Republican partyâs symbol is an elephant.