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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.
The Democratic-Republicans was one of the first political parties in the United States, founded by Thomas Jefferson and James Madison around 1792. They originally called themsâ¦elves the Anti-Federalists in opposition to the dominant Federalist Party that founded the new United States government.