Jefferson and Madison held that the union of states had been built on an agreement in which the states freely gave up their rights to the central government .
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what do this mean pilgrim agreement (compact) before landing at Plymouth to pass and obey laws for the good of the colony.
During the Revolution, men were off fighting for the new nation. Many of them had to take out loans to keep their farms going in their absence. After the war, the creditors wanted their money. Sometimes the states backed the debtors and ordered the creditors to forgive the debts. But, sometimes they backed the creditors and the peoples' farms - their homes - were foreclosed. Many men were put in debtor prison until family members could come up with the money to get them out.
The new nation was in a horrible crisis with inflation. The war had been financed by loans from Spain and France. The money had to be repaid, but because of the Revolution, a lot of business was lost from the former colonies. Trade with the British West Indies was gone. The new government asked the states for more money, but they said no.
The answer was to print more money, but of course, that never works. It made the money less and less valuable. So now the people had fistfuls of worthless money. So now you have all of these farmers, who had fought in the Revolution, unable to keep their farms. Now they cannot feed their family and they have no property, which at that time meant in most states they could not vote.
Answer:
The Republican Party is also known as the GOP meaning "Grand Old Party" or "Galland Old Party", and albeit is not the oldest political party in America, the idea of "Old Party" is entrenched in the more recent advocacy for keeping old traditions, and the continuation of old ideas, turning them into being conservatives, but in recent times since that party encouraged and supported progressive ideas in the past; thereby, that's why nowadays "Republicans are most often associated with having conservative ideas".
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