Aim #23 Should the period after the War of 1812 be referred to as the “Era of Good Feelings” I got a good feeling about this Era!

(I) Economic Nationalism a. During the War of 1812 American manufacturing grew (seeds of the Industrial Revolution) ● B. “The American System” 1. After the War of 1812 the British began dumping huge surpluses of goods which Negatively impacted American manufacturing 2. Henry Clay promoted the “American System” and Main Parts of the American System included: ● Create/Maintain a strong banking system with lots of credit ● Improve infrastructure (canals/roads) ● United the country economically ● Protective tariffs to protect the infant American industry

(II) Era of Good Feelings ● A. James Monroe continued the Virginia Dynasty (Washington, Jefferson, Madison, and Monroe) 1. Easily won the election of 1816 ● Last time the Federalist Party put a candidate on the ballot (people still resented them from Hartford Convention and thoughts of seceding) b. Era of Good Feelings: the period during the presidency of James Monroe ● Was a measure of prosperity, but there was still a lot of disputes and later during Monroe’s presidency there are hard economic times

(III) Era of Not So Good Feelings a. Panic of 1819: economic panic 1. Deflation, bankruptcies, bank failures, unemployment 2. People in the western states came to distrust banks and see the Bank of US as the “financial devil”

(IV) Westward Expansion a. War of 1812 had cleared the frontier of most of the Native Americans b. Federal Gov’t began to fund transportation projects to encourage expansion ● Cumberland Road ● Canals ● Steamboats c. Land Act of 1820 offered cheap land for settlers to purchase

Missouri Wants In… ● Remember how a state becomes a state… ● MO requests statehood as a slave state ● MO is a southern state where cash crops are grown ● Slaves are necessary for white landowners to make money ● Problem is political…

(V) Issue of Slavery Begins to Rear Ugly Head a. North is opposed to slavery ● Banned in all northern states ● B. Southern states need slavery to carry on way of life c. Tallmadge Amendment 1. No more slaves could be brought to Missouri and the children of slaves born there must be emancipated

Issue of Slavery (1819) ● 11 slave states and 11 free states ● Equal amount of Senators ● How does the Senate work??? ● North has more representatives in the house ● How does the House of Representatives???

(VI) Crisis is On the Horizon a. A compromise is needed or the nation may fall into conflict b. Missouri Compromise of 1820 ● Provisions 1. Missouri would be admitted as a slave state 2. Maine would be admitted as a free state 3. Slavery would be banned north of Missouri ’ s southern border (36 ’ 30 N) c. Consequences of the Missouri Compromise 1. Averts immediate crisis ● War or Secession could have occurred 2. Did not solve the problem of slavery ● Just delayed the looming conflict for about 40 years ● Set precedent that states had to be admitted to keep balance in the Senate ● Arkansas Territory

Summing It All Up… ● America is Growing ● Nationalism ● Economic ● Judicial ● Foreign Policy/Aggressive ● Industrialization was beginning to take place ● North is growing and prospering ● South was sticking to agriculture ● Not modernizing or industrializing ● Growth is leading to conflict ● Missouri Compromise

(VII) Judicial Nationalism a. Ruled on three important cases that strengthened the federal gov ’ t 1. Martin v. Hunter ’ s Lessee ● Federal gov ’ t could hear all appeals on state court decisions involving state court decisions ● Broadened Supreme Court power and influence ● Court of FINAL APPEAL 2. McCulloch v. Maryland ● Supreme Court gave federal gov ’ t Implied Powers ● Loose Constructionism: If Constitution was meant to survive it had to be adapted throughout the ages ● Established dominance of the Supreme Court 3. Gibbons v. Ogden ● Reinforced federal gov ’ t power in regulating interstate commerce

(VIII) Monroe Doctrine-1823 a. Latin American revolutions swept the hemisphere ● Trade opened up for the British b. Russia was beginning to creep down the Pacific closer and closer to American territory ● C. Monroe Doctrine (1823) 1. Western Hemisphere was not to be treated as a land of colonies 2. Incredibly bold act by President Monroe, but the British was the power behind the claim