The Era of Good Feeling

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The Era of Good Feelings (1815-1824)
Period that the Federalists disappeared and the
Republicans were the only faction
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The Election of 1816
Election of 1816, James Monroe wins easily (last
Federalist candidate, Rufus King)
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James Monroe 1816-1824
Fun Fact Ranked 14 in 2009 C-SPAN poll
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John Quincy AdamsA bulldog among spaniels!

• Secretary of State under Monroe
• President 1824
• (Ranked 19 in same poll)

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Second National Bank

• Monroe breaks with Jeffersons agrarian ideas and
  moves to a Federalist economic plan
• Bank established in 1816 and chartered for 20 yrs
• Responsible for high scale financing and create a
  strong national currency

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The American System
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The American System

• Tariff of 1816
• Protect industry and raise money
• Second Bank of the U. S.
• Stabilize currency
• Monitor independent banks
• Internal improvements at federal expense.
  - National Road

Henry Clay,The GreatCompromiser (Calhoun,
and JQ Adams also support)
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The American System

• WEST ? got roads, canals, and
  federal aide.
• EAST ? got the backing of
  protective tariffs from the West.
• SOUTH ? ??? Not a fan.

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The West the NW 1819-1824
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The Convention of 1818

• U.S. gets all land south of 49th Parallel
• Oregon territory would be shared, and revisited
  in 10 years

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Adams-Onis Treaty, 1819

• Settled border with Spain
• U.S. got Florida in exchange part of Texas
• Used TX and Rocky Mts. as border

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US Population Density
1810
1820
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The Election of 1820
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The Panic of 1819
CAUSES???

• 1st experience with boom-bust cycle
• Failure of monetary policy
• International decrease in American products

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Effects of the Panic of 1819

• Foreclosures
• Bank failures
• Unemployment
• Decline in agricultural and manufacturing
  production
• Sound familiar???????

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The Tallmadge Amendment (1819)

• All slaves born in Missouri after the
  territory became a state would be freed at the
  age of 25.
• Passed by the House, not in the Senate.
• The North controlled the House, and the South
  had enough power to block it in the Senate.

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The Compromise of 1820A Firebell in the Night!
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The Monroe Doctrine, 1823

• Referred to as Americas Self-Defense
  Doctrine.

1. What warning is given to the European countries?

1. What foreign policy principles are established?

Monroe Doctrine

1. What would the US do if the warning was not
   headed?

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The Election of 1824The Corrupt Bargain
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The Election of 1824The Corrupt Bargain
Candidate Popular Vote Electoral Vote
Andrew Jackson 43 99
J.Q. Adams 31 32
William Crawford 13 41
Henry Clay 13 37
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The Drama

• With no majority of electoral votes, the election
  goes into H of R
• Henry Clay serves as Speaker of House and hates
  Jackson
• American System
• Battle of New Orleans
• Uses political influence to throw House vote to
  Adams

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