Federalist Period: The First Party

The Federalist period sees the beginning (and essentially the end) of the first party system. 

What are the views that each of the two parties in this period had about the power of the federal government?

How did the Federalist party go from strong to weak, and how did the Jeffersonian Republican party go from weak to strong?

What in society do you think accounts for the ultimate success of the Jeffersonian Republicans?

Provide examples where necessary to support your statements.