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Effects of the War of 181
Confirmation of US independence
Increase in nationalism
Increase in American manufacturing
Revealed transportation problems
Convinced older DRs to support a stronger federal government
What is occurring at the same time of the Era of Good Feelings
Industrial Revolution
Rise of slavery
Need to unite the country
North States Characteristics
Invests into industrialization
No cash crops due to climate
Lowell becomes a manufacturing center
Cotton gin helps the industrializing textile industry
South States Characteristics
No need to industrialize
Cotton gin aids the cotton industry
Cotton Kingdom or “King Cotton”
Increase in the use of slaves due to the rising cotton industry
Northwest States Characteristics
1-2 crops or livestock
Example: Corn and cattle
Sold goods at city markets
What was the status of slavery in the north?
By 1804, nearly all Northern states abolished slavery
Henry Clay
Represented Kentucky
in House of Reps and the Senate
Eventually Speaker of the House
Proposed the American System
Democratic-Republic but acted Federalist
3 Parts of the American System
National Bank
Protective Tariff
National transportation system
American System (National Bank)
Created Second Bank of the US (1816)
American System (Protective Tariff)
25% duty on most imported factory goods
Sectional economic differences lead to different impacts:
Good for the North since their goods will be cheaper than foreign goods → Promotion of American businesses
Bad for the South since they have to buy more expensive goods
American System (National Transportation System)
Transportation needed internal improvements in order to unite the country
Madison vetoed this part of the American system due to issues if it complies with the Constitution
Who was elected president in 1816
James Monroe!!!!!!!
James Monroe
Elected in 1816
Went on good will tours (Especially in the north where he wasn’t really voted for)
Issued the Monroe Doctrine
Era of Good Feelings Characteristics
Lack of partisanship
Post-war nationalism
Focus on the development of the country
Several peace treaties
Why the Era of Good Feelings is a misnomer
Tariff issues
Bank issues: Panic of 1819
Growing pains in the West:
9 new states
Sectional balance
Argument over slavery in the new states (and old)
Panic of 1819
First major, widespread, financial crisis in America
1819-1821
Full recovery in 1823
Cause of Panic of 1819: Post War Demand Drop
Post war Demand Drop
- Europe needed crops in Napoleonic war
- Napoleonic war ended → Demand from Europe decreased
- Value of American cotton, wheat, and tobacco dropped 50%
Cause of Panic of 1819: Reckless banking and land speculation
Reckless banking and land speculation
- State banks printing money not backed by gold/silver (species)
- Easy credit was created
- “Land Bubble” where people were buying lots of land and driving prices up
- Land speculation where people were buying land in hopes of profit rather than usage
Cause of Panic of 1819: Second Bank of US Intervention
Second Bank of US Intervention
- Second Bank of US realized the fault of the state banks
- State banks forced to pay loans in specie (No more easy credit)
- State banks forced to demand immediate repayment from farmers + brokers
Causes of the Panic of 1819
Post-war demand drop in crops
Reckless banking and land speculation
Intervention of the Second Bank of America
Effects of the Panic of 1819
Land bubble popped
Foreclosures (Taking of debtors property to pay for their loans) and debtors’ prisons
State banks collapse
Massive unemployment
People are angry at the Second Bank of US
Govt passes laws to help farmers and debtors pay back their debts
Suffrage
Right to vote
What happened to suffrage in the early 1800s
More people gain the right to vote (WHITE MEN!!!)
States reduced voting restrictions
By 1830, only_____ states required a voter to own property
2
Election of 1824
Between JQA and Jackson
No one won majority of electoral votes
House of Reps chooses President
JQA becomes president
Andrew Jackson’s reaction to JQA’s win
Called it a “corrupt bargain”
Henry Clay greatly influenced the House of Reps as the Speaker of the House
JQA promised to make Henry Clay Secretary of State
(Tradition that Secretary of State becomes president)
Effects of the Election of 1824
Democratic-Republicans will split
End of the Era of Good Feelings
Election of 1828
JQA vs. Jackson
First modern political campaign
Vicious personal attacks
Had to win the peoples’ vote
Jackson’s campaign
Aimed AGAINST the wealthy elite (like JQA)
Promised to support the common man (the common folk)
Andrew was a wealthy elite himself
Results of the Election of 1828
Jackson wins popular + electoral votes
Practiced the spoils systems
Spoils systems
Replacing former appointees with your own friends
“Kitchen cabinet” because Jackson’s friends slipped into the White House through the kitchen
Voting pattern between JQA and AJ
North for JQA
South for AJ
Ogden v. Gibbons
Someone claiming trading control over two states
Stated interstate commerce would be ruled by federal court
Congress has authority over interstate commerce
Favored competition > monopolies
Led to federal gov. governing over air traffic, TV/radio raves, cell communications, etc.
McCulloch v. Maryland
Maryland trying to tax a national bank
Established national govt supremacy > state govt
Strengthened fed govt control on economy
Fletcher v. Peck
Georgian law violated right to enter contracts
Restricted the states powers
Dartmouth v. Woodward
College couldn’t revise charter
Charter = contract
Constitution doesn’t allow states to interfere with contracts
John Quincy Adams
Secretary of State during Monroe’s presidency
Handled foreign policy with nationalism
Wrote the Monroe Document
Nationlism
Belief that national interests should be placed above regional/foreign interests
Rush-Bagot Treaty
Demilitarization of US and Canada border
Between GB and US
Convention of 1818
Sets US border at the 49th parallel
Oregon Territory
US and GB jointly occupy the territory for 10 year
Adam-Onis Treaty
Spain gives up Florida + claims in Oregon Territory to the US
Causes of the Monroe Doctrine
After Napoleonic War, European countries like Spain and Portugal want to reclaim old western territories
Monroe Doctrinee
Monroe told foreign powers not the interfere with the Western hemisphere
No creating new colonies or reclaiming ones turned into republics
Stated US would not be involved in European affairs
Reasons to move to the West
Economic gain (cheap fertile lands)
Escape debts and the laws
Change occupations/new opportunities
Jem Beckwourth
Mixed man
Moved to the West and was able to have tons of occupations
US state balance before Missouri Compromise
10 slave states and 10 free states
What did Tallmadge propose?
Require Missouri to gradually free its slaves
Missouri Compromise
Result of the argument over whether Missouri should be a slave or free state
Missouri is a slave state and Maine becomes a free state ( To keep balance)
Dividing line at 36 degrees and 30th north latitude
Above the line was free states and below the line was slave states
Only applied to the Louisiana Territory