Differ between the Federalist and Republican Party in terms of origin principle and policies in regard to banks, taxes, and foreign nations?Compare...

The Federalist Party was the party of Alexander Hamilton.
It originated with those who supported the adoption of the Federal Constitution and saw
the need for a strong central government. Typical of Hamiltonian policy, they favored a
liberal and broad construction of the Constitution. The Republicans were the party of
Jefferson and Hamilton. They were distrustful of a strong central government, primarily
because of the perceived abuses suffered under the British Parliament, and wanted power
reserved to the States. They tended to interpret the Constitution very narrowly. A prime
example of the differences between the two came with Hamilton's plan for a Bank of the
United States. The Republicans vigorously and vociferously opposed it as there was no
provision in the Constitution for Congress to create a bank. Their argument was that if
one construed the Constitution that liberally, one had opened a Pandora's box that would
lead to limitless power.

Both parties recognized the need
for taxes, as the Constitution specifically provided Congress with the power to tax. In
terms of foreign policy, the Federalists tended to prefer an alliance with Great
Britain; whereas the Republicans, who favored Freedom over security, supported France.
George Washington wisely chose a middle course, and issued a proclamation of Neutrality
supporting neither side in the ongoing European War. John Adams, a Federalist,
threatened to resign if Congress declared war on France after the XYZ
affair.

The Republicans were the moving force behind the
Virginia and Kentucky Resolutions which supported the States' prerogative to declare
acts of Congress unconstitutional within their respective borders. Such a position was
anathema to the Federalists.