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James Monroe

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James Monroe 1817-1825 The Era of Good Feelings Era of Good Feelings Benjamin Russell Feds die = 1 party rule Nationalism J.M. wins all but one electoral vote ... – PowerPoint PPT presentation

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Title: James Monroe


1
James Monroe
  • 1817-1825
  • The Era of Good Feelings

2
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3
Era of Good Feelings
  • Benjamin Russell
  • Feds die 1 party rule
  • Nationalism
  • J.M. wins all but one electoral vote in 1820
  • But D.R. Party split by sectionalism
  • Tariffs, nat. bank, internal improvements, sale
    of public lands

4
Panic of 1819
  • Wild speculation on western lands
  • Overextended investments in manufacturing
  • Collapse of foreign markets
  • Commodity inflation
  • Contraction of credit resumption of specie
    payments
  • Mismanagement of 2nd National Bank
  • State bank failures in South West

5
Resentment against the Bank
  • Thomas Hart Benson of Missouri labels it The
    Monster

6
Marshall Court
  • Reinforces federal power
  • Gibbons v Ogden
  • McCulloch v Maryland
  • Dartmouth v Woodward

7
Missouri Compromise
  • Rapid growth of West
  • Senate even at 11-11
  • Missouri (slave)
  • Maine (free)
  • 36-30
  • Preserves Era of G. F. but causes sectionalism

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9
American System
  • Henry Clay
  • Internal Improvements (Vetoes Intra Improvements)
  • National Economy binding regional interests
  • Cumberland Road (National Road)
  • Erie Canal

10
Foreign Affairs
  • Canada
  • Rush-Bagot Treaty
  • US/GB on Great Lakes
  • Treaty of 1818
  • Fishing, Oregon, 49th Parallel

11
Foreign Affairs
  • Florida
  • 1817 Jackson pursues raiders
  • 1818 Destroyed Seminole, hung 2 Brits, pushed out
    Spanish Govt
  • Congress outraged (JQ Adams supports)
  • 1819 Spain sells for 5 million, US gave up
    claims on Texas

12
Monroe Doctrine
  • A foreign policy
  • Why issued? Countries in
  • Europe (Spain Russia)
  • were trying to expand
  • to W. Hemisphere
  • Basic Ideas Europe Stay Out

13
Monroe Doctrine
  • W. Hemisphere closed to further colonization
  • U.S. would not interfere with Europes internal
    affairs
  • U.S, would not interfere with any existing
    European colony

14
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