Created by Thomas Jefferson and James Madison, the Democratic-Republicans were formed initially to oppose Alexander Hamilton's Bank Plan. The party supported limited government, favoring the states relative to the federal government. They believed that agriculture was the future of the U.S. economy, were pro-French, and were based primarily in the South. Jefferson was the first Democratic-Republican President, winning the Election fo 1800. He was followed by Madison and Monroe, before the party broke up in 1825 following the contested election between John Quincy Adams and Andrew Jackson.