The statement that best describes the beliefs of Jefferson's Republican party is: "The Constitution should be strictly read and followed."
Jefferson's Republican Party, also known as the Democratic-Republican Party, held a strict interpretation of the United States Constitution. They believed in limited government power and a strict adherence to the specific powers granted to the federal government by the Constitution. They opposed a broad or loose interpretation of the Constitution, which would grant the federal government more authority than explicitly outlined in the document. Instead, they emphasized states' rights and a decentralized government structure.
It is important to note that the other statements do not align with the beliefs of Jefferson's Republican party. They did not advocate for a large and strong government or believe that the Constitution required a large amount of spending.