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Published byDerrick Eaton Modified over 9 years ago
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Era of Good Feelings
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War of 1812 Changes Republicans Build a permanent professional army and navy Second Bank of the United States Internal improvements: National Road Protective tariff: Tariff of 1816 Essentially adopted all of Hamilton’s ideas as their own Federalists now in opposition Republicans the only party by 1824
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Panic of 1819 Worldwide economic panic Collapse in cotton prices because of reduced British demand Deflation Land speculation and debts Right: Crowd Outside the NYSE, October, 1929
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Controversial Role of the Bank BUS tightens credit Stopped inflation, but slowed speculation Made bank unpopular in South and West Panic on scale similar to Great Depression Generational memory Front of Second Bank of the US Building in Philadelphia, PA by Peter Clericuzio, 2006
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Bigger Crisis Looms: Missouri Controversy By 1819, slavery all but dead in North West of Mississippi River no clear boundary for slavery 1812-1819 Louisiana Purchase divided three ways Louisiana Arkansas Territory Missouri Territory Thomas Cole, The Garden of Eden (1828)
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Missouri Territory Develops rapidly, especially St. Louis and up the Missouri River Population reached for statehood Congress prepares to discuss territory’s future
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James Tallmadge and his amendments NY Congressman, involved in ending slavery in New York Proposed two amendments to a Missouri statehood bill No more slaves in MO Free all slaves born after 1820 at 25 Post nati emancipation George Caleb Bingham, Fur Traders on the Missouri River, 1845
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Stakes are high in Missouri debate Three-fifths compromise gave disproportionate representation to South in House Senate equally distributed, free and slave Missouri would tip the balance one way or other
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Northern viewpoints Imbalance of representation already there Messing with egalitarianism National politics changing More democratic North gaining in population Lithograph of US Capitol, ca. 1800
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Southern viewpoints South Carolina Senator William Smith, ca. 1820 Sour grapes over Southern power Moderates rally to defend the region, regardless of views on slavery’s future Each new state must decide for itself
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Congressional debate begins in late 1819 No one arguing over the morality of slavery The argument is over whether or not Congress could regulate slavery Typical of early debates over slavery Morality not at issue Effect on the nation and is democracy more important
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Can Congress regulate slavery? Northerners generally insist that the answer is YES Northwest Ordinance is the precedent
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Can Congress regulate slavery? Looney extreme: South Carolina says absolutely NO Congress cannot bind states, ever Fifth Amendment issue Left: Flag of South Carolina
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Can Congress regulate slavery? For most Southerners in 1819, the answer is YES, BUT Most believe slavery will eventually end on its own: Madison, Henry Clay and Thomas Jefferson, for example But congressional moves against it will make matters worse
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A complex argument Expansion will kill slavery Allow slavery to go west and two things will operate to kill it: Great American Desert Dilution of slave population will make whites more comfortable with ending it These views nothing new in 1819 Most Southern leaders espouse them Most believe perpetual slavery bad for country Because morality off the table, people are willing to compromise Only South Carolina arguing for the desirability and morality of slavery
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Missouri Compromise Begins in the Senate, but Clay makes it possible in the House Maine to be brought in as a free state Missouri will be a slave state No slavery above 36°30” North longitude Tallmadge Amendments buried
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Crisis over slavery past for now “This momentous question, like a firebell in the night awakened and filled me with terror. I considered it at once as the knell of the Union.” Thomas Jefferson Right: Thomas Jefferson, by Rembrandt Peale, 1805
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