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Nationalism, Sectionalism, Era of Good Feelings
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James Monroe 5 th President, 2 terms VA Era of Good Feelings 16-19 American Revolution Vet Acquired Florida Missouri Compromise Monroe Doctrine
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James Monroe 1816, defeated Rufus King Good Feelings were misleading
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Tariff of 1816 Economic nationalism: support growth Increased tariffs to help U.S. manufacturers
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Henry Clay’s American System Kentucky, Congressman Plan to help the nation’s economy Protective tariffs National bank Internal improvements Internal improvements not in Constitution Madison & Monroe
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Panic of 1819 1 st financial crisis 2 nd Bank tightened credit Stop inflation Money deflated, state banks closed Increased debt, bankruptcy, unemployment
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Changes in Political Party New versus Old ideology Political division Sectional differences
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John Marshall’s Supreme Court Decisions Federalist Alive Favored federal government Empowered federal government over states McCulloch v. Maryland (1819) Gibbons v Ogden (1821) Dartmouth vs Woodward 1819
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The West… Effects of the Louisiana Purchase Acquisition of Native Americans’ lands Economic pressures Improved transportation Immigration Slavery extension? Application for Statehood
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Missouri applies for Statehood 1819 Issue of slavery was debated Sectionalism Even in the Senate Southerners threatened Henry Clay idea for “compromise” Maine, Missouri, 36- 30’
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Foreign Affairs During Monroe’s Presidency
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Canada Rush-Bagot 1817: disarmament pact, limited naval armament Treaty of 1818: improved relations with the Brits Shared fishing rights Joint occupation of Oregon Territory Establish northern border
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Florida & Spain Transcontinental Treaty of 1819 Adams-Onis Treaty Florida Purchase Treaty 1819 $5 Million Andrew Jackson sent for the mission
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Monroe Doctrine US worried about Russia & other nations Policy towards Europe & Latin America “not lands to be colonized” Europe can’t interfere in the W. Hemisphere
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Impact Applaud but soon forgotten GB Foreign Secretary, George Canning Insulted Monarchs were angry Historians made it more significant Cornerstone of US foreign policy with L.A.
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National Economy Population increase Vast area need for transportation Roads, canals, steamboats, railroads Growth of industries Mid 1800, manufacturing surpassed agriculture
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Manufacturing Industry Mechanical inventions (Patent laws, Whitney) Factory system Samuel Slater 1791 Taxes led to prosperous factories Labor Competition w/ cheap land in west Unions Help reduce long work day hrs
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Agriculture Commercial industry “cash crops” Eli Whitney 1793 Cotton Gin Increase slaves
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Effects of Market Revolutions End of self-sufficiency Developed more modern form of capitalism Role of women changed slightly Slavery became an issue.
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Sectionalism
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The North NE, Middle States, and Old Northwest Improved transportation Higher, faster economical development Industries produced various products More populous Agricultural, grains Societies with slaves
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The South “King Cotton” Slave societies “slavery: the peculiar institution” Southern states Agriculture foundation of economy 1800: 1mil – 1860: 4 mil Cotton Gin= affordable cotton cloth
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John Quincy Adams 6 th President 1 Term 1824-1829 Troubled presidency
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