Political Parties By kfrommert Nov 1, 1792 First election that pitted two parties Nov 1, 1824 First and only presidential election that was decided by the House of Rep. Nov 1, 1828 Founding of Democratic Party Nov 1, 1832 First National Convention Nov 1, 1836 Creation of Whig Party Nov 1, 1849 Creation of the Free-Soil Party Nov 1, 1854 Founding of Republican Party Nov 1, 1858 debates of Abraham Lincoln and Stephen Douglas Nov 1, 1912 Bull Moose Party runs a candidate for President Nov 1, 1960 First Presidential Debate on TV