1. The Era of Good Feelings
The Presidency of James Monroe

2. Era of Good Feelings Elected in 1816, effectively unopposed
His term in office marks the beginning of the “Era of Good Feelings”
Nationalism (love for one’s country) was sweeping the nation
Victory in War of 1812
New generation of war heroes
American System

3. American System Henry Clay’s Theory on Economic Growth
Industrial North – Agricultural South/West
South – Produce Agriculture
Provide Market for Industry
North–Produce Industrial Goods
Provide Market for Agriculture

4. Necessary Measure for the American System to work
Protective tariffs
Improved transportation
National banking system

5. Protective Tariffs
Protective Tariff: tax on goods imported into a country; designed to make imports more expensive than domestic goods
Tariff Act of 1816: Congress adopted a mild protective tariff
Tariff is strengthened in 1828

6. Improved transportation
Building of the National Road (today it is I-40)
Construction of canals begins
$ comes from protective tariff

7. Second Bank of the U.S.
The charter of the First Bank of the US expired in and was not renewed
State banks took over the business of banking and printing money which makes trade difficult
1816: Congress chartered the Second Bank of the US with 25 branches
Issues its own paper money which is accepted throughout the US
Starts a two year business boom

8. Foreign Affairs Relations with Britain Rush‑Bagot Agreement (1817)
Britain/Canada and US agree to disarm the Great Lakes
Treaty of 1818
(1) joint occupation of the Oregon Territory for 10 years
(2) north Boundary of Louisiana Purchase is 49th Parallel

9. Foreign Relations
Relations with Spain (1817-Florida belonged to Spain)
United States sent Andrew Jackson and a small army down to the Georgia-Florida border to stop the Indian & outlaw raids
Jackson is NOT supposed to attack the Spanish.
So, he invaded Florida
Adams‑Onis Treaty (1819)
Spain gave up Florida and Spanish claims to the Oregon Territory
US took $5 million in Spanish debt and agreed to stay out of Texas

10. Missouri Compromise-1820 Missouri territory is divided in half
North of the 36*30’ latitude slavery was banned (except Missouri) and south of the line slavery was legal
Establishes a precedent that lasts until the Civil War: states would enter into the Union in pairs-one slave and one free

11. Missouri Compromise-1820

12. Monroe Doctrine
1823
Monroe warns all European powers against interfering with affairs in the Western Hemisphere
They are not to attempt to colonize or overthrow any newly formed nation
US would protect the Western Hemisphere
US would stay out of European affairs

13. Assignment Today Political Cartoons
You will each create two political cartoons. Choose from two of the topics covered in the Era of Good Feelings. On one side you will create the cartoon and on the other side you will explain the cartoon.

14. Examples

15. Examples