They had lost most of their political power and now could not pass outrageous acts and laws such as the Alien and Sedition Acts of 1798. Unlike the Federalists, the Republican Party was for the people. During Jefferson’s inaugural address, he said ““We are all Republicans—we are all Federalists,” (Tindall and Shi, 223). This speech showed that Thomas Jefferson was a peaceful man, but he was still naïve. Once fully in office, the fight between the Federalists and Republicans only got worst. One specific argument that also led to the downfall of the Federalists was about the Louisiana Purchase of 1803. While the Republicans vouched for the Louisiana Purchase, the Federalists opposed saying that the “growing numbers of Americans moving west were driving up wages on the Atlantic coast by reducing the workforce and lowering the value of real estate in their region” (Tindall and Shi, 228). The Louisiana Purchase turned out to be the most significant event of Jefferson’s presidency; however, it resulted in no Federalists being elected in the western