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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.
1 4. Democrats. 2  Both the Democratic and Whig parties originated from the Democratic-Republican Party that dominated politics in the early 1800s. 3  Both were factions that branched off from the Democratic-Republicans after the 1824 elections.