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The debate between Thomas Jefferson and Alexander Hamilton shaped the political system of the United States but also fed into a fierce rivalry between the two founding fathers. In fact, on e could argue that the arguments these two held against eachother helped to form the factions that led to the dual two party system under which the U.S. operates today! Shot by Vice President Aaron Burr in 1804, Hamilton, a leading Federalist and the chief architect of America’s political economy, died the following day. Secretary of the Treasury, member of Washington’s Cabinet. ten dollar bill portrait. ALEXANDER HAMILTON FOR PRESIDENT 2016 TSHIRT.. Husband to Elizabeth Schuyler.