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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-Republican Party. 95 pages on this wiki. The Democratic-Republican Party, not to be confused with the modern Republican Party or Democratic Party, was an American political party founded around 1791 by Thomas Jefferson and James Madison.