The Whig party slowly evolved during the 18th century. The Whig tendency supported the great aristocratic families, the Protestant Hanoverian succession and toleration for nonconformist Protestants (the “dissenters,” such as Presbyterians), while the Tories supported the exiled Stuart royal family’s claims for the throne (Jacobitism), the established Church of England and the gentry. Later on, the Whigs drew support from the emerging industrial interests and wealthy merchants, while the Tories drew support from the landed interests and the British Crown. The Whigs were originally also known as the “Country Party” (as opposed to the Tories, the “Court Party”). By the first half of the 19th century, however, the Whig political programme came to encompass not only the supremacy of parliament over the monarch and support for free trade, but Catholic emancipation, the abolition of slavery and, significantly, expansion of the franchise (suffrage). (CC Wikipedia 03/27/2010)

Ronald Ernest “Ron” Paul (born August 20, 1935) is an American physician and Republican Congressman for the 14th congressional district of Texas. Paul is a member of the Liberty Caucus of Republican congressmen which aims to limit the size and scope of the federal government, and serves on the House Foreign Affairs Committee, the Joint Economic Committee, and the Committee on Financial Services, where he has been an outspoken critic of American foreign and monetary policy.

Paul has run for President of the United States twice, first in 1988 as the nominee of the Libertarian Party and again in 2008 as a Republican.

He is the founder of the advocacy group Campaign for Liberty and his ideas have been expressed in numerous published articles and books, including End The Fed (2009), and The Revolution: A Manifesto (2008).

John Jay (1745 – 1829) was an American politician, statesman, revolutionary, diplomat, a Founding Father of the United States, President of the Continental Congress from 1778 to 1779 and, from 1789 to 1795, the first Chief Justice of the United States. During and after the American Revolution, he was a minister (ambassador) to Spain and France, helping to fashion United States foreign policy and to secure favorable peace terms from the British (the Jay Treaty) and French. He co-wrote the Federalist Papers with Alexander Hamilton and James Madison.

As leader of the new Federalist Party, Jay was Governor of New York from 1795 to 1801 and became the state’s leading opponent of slavery. His first two attempts to pass emancipation legislation failed in 1777 and 1785, but the third succeeded in 1799. The new law he signed into existence eventually saw the emancipation of all New York slaves before his death.

As leader in the House of Representatives, Madison worked closely with President George Washington to organize the new federal government. Breaking with Treasury Secretary Alexander Hamilton in 1791, Madison and Thomas Jefferson organized what they called the Republican Party (later called the Democratic-Republican Party) in opposition to key policies of the Federalists, especially the national bank and the Jay Treaty. He secretly co-authored, along with Thomas Jefferson, the Kentucky and Virginia Resolutions in 1798 to protest the Alien and Sedition Acts.

As Jefferson’s Secretary of State (1801–1809), Madison supervised the Louisiana Purchase, doubling the nation’s size, and sponsored the ill-fated Embargo Act of 1807. As president, he led the nation into the War of 1812 against Great Britain. During and after the war, Madison reversed many of his positions. By 1815, he supported the creation of the second National Bank, a strong military, and a high tariff to protect the new factories opened during the war.

Born on the British West Indian island of Nevis, Hamilton was educated in the Thirteen Colonies. During the American Revolutionary War, he joined the New York militia and was chosen artillery captain. Hamilton became senior aide-de-camp and confidant to General George Washington, and led three battalions at the Siege of Yorktown. He was elected to the Continental Congress, but resigned to practice law and to found the Bank of New York. He served in the New York Legislature, and was the only New Yorker who signed the Constitution. As Washington’s Treasury Secretary, he influenced formative government policy widely. An admirer of British political systems, Hamilton emphasized strong central government and implied powers, under which the new U.S. Congress funded the national debt, assumed state debts, created a national bank, and established an import tariff and whiskey tax.

By 1792, a Hamilton coalition and a Jefferson–Madison coalition had arisen (the formative Federalist and Democratic-Republican Parties), which differed strongly over Hamilton’s domestic fiscal goals and his foreign policy of extensive trade and friendly relations with Britain. Exposed in an affair with Maria Reynolds, Hamilton resigned from the Treasury in 1795 to return to Constitutional law and advocacy of strong federalism. In 1798, the Quasi-War with France led Hamilton to argue for, organize, and become de facto commander of a national army.

Hamilton’s opposition to fellow Federalist John Adams contributed to the success of Democratic-Republicans Thomas Jefferson and Aaron Burr in the uniquely deadlocked election of 1800. With his party’s defeat, Hamilton’s nationalist and industrializing ideas lost their former national prominence. In 1801, Hamilton founded the New York Post as the Federalist broadsheet New York Evening Post. His intense rivalry with Vice President Burr eventually resulted in a duel, in which Hamilton was mortally wounded, dying the following day. (CC Wikipedia – 09/06/2009)