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Era of Good Feelings
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*During Monroe's presidency
*nationalism, optism, goodwill
*Federalists going away and Republicans dominationg politics in North, South, and the West
*Misleading and oversimplified
*heated debates
*Tariffs
*National bank
*Internal improvements
*Public land sales
*Sectionalism over slavery
*Antagonistic factions soon split up Republican party
*1816 to the Panic of 1819
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Sectionalism
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*Problem during the Era of Good Feelings
*Over slavery
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James Monroe
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*Fought in Revolutionary War
*Valley Forge winter
*Prominent in Virginia's Republican party
*High level diplomatic roles
*Jefferson's minister to Great Britain
*Madison's secretary of state
*After Madison (Virgina dynasty)
*Defeated Federalist, Rufus King = decline of Federalists
*No organized political opposition
*supported growing nationalism
*Eight years
*Acquisition of Florida
*Missouri Compromise
*Monroe Doctrine
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Cultural Nationalism
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*younger generation
*westward expansion
*not European affairs
*unlimited prosperity
*Patriotic themes in:
*Heroes of the Revolution in paintings
*Gilbert Stuart
*Charles Willson Peale
*John Trumball
*Parson Mason Weems
*Fictionalized biography of virtues of George Washington
*Noah Webster's blue-backed speller*Dominationg 19th century
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Economic Nationalism
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*Political movement to support the growth of the nation's economy
*Building of roads and canals
*Protecting U.S. industries
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Tariff of 1816
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*raised taxes to protect U.S. manufacturers from ruin
*factories had been established during War of 1812 to supply goods that previously had been imported from Britain.
*Peacetime, manufacturers British goods would be dumped on American markets and take away their business.
*1st protective tariff
*North opposed; not manufacturing
*South and West liked; national prosperity
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Henry Clay's American System
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*adavancing nation's economic growth
*protective tariffs
*promote american manufacturing
*raise revenue with which to build roads and canals
*already in place
*national bank
*keep the system running smoothly by providing a national currency
*internal improvements
*promote growth
*Madison and Monroe objected that the Constitution did not explicitly provide for the spending of federal money on roads
*state left to make internal improvements on their own
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Second Bank of the United States
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*Came after Hamilton's charter (edpired in 1811)
*Monroe
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The Panic of 1819
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*1st major financial panic since the Constitution
*Fault of the Second Bank
*Tightened credit in a belated effort to control inflation
*banks closed
*calue of money deflated
*increases in unemployment
*increased bankruptcies
*inprisonment for debt
*most severe in the west
*land speculation based on postwar euphoria had placed many people in debt
*forclosure
*Nationalistic beliefs shaken
*West= changed many voter's political outlook
*land reform
*Blah national bank and Debtor's prisons
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John Marshal
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*Supreme Court
*Decisions landmark cases
*consistently favored the central gov.
*rigths of property against advocates of states' rights
*Rep. followed him; too persuaded that the U.S. Constitution had created a Union of states, strong flexible powers
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Fletcher V. Peck (1810)
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*Land fraud in Georgia
*State could not pass legislation invalidating a contract
*1st time that the Supreme Court declared a state law to be unconstitutinal and invalid
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Dartmouth College V. Woodward (1819)
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*Law of New Hampshire
*Dartmouth College from a privately chartered college into a public institution
*Argued that a contract for private corporation could not be altered by the state
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McCulloch V. Maryland (1819)
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*Maryland tried to collect from the Second Bank of the United States
*Loose interpretation
*Federal gov. had the implied power to create the bank
*a state could not tax a federal institution
*federal laws are supreme over state laws
~*~"the power to tax is the power to destroy"~*~
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Gibbons V. Ogden (1821)
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*New York monopoly was unconstitutional
*Marshal established the federal gov.'s braod control of interstate commerce
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Tallmadge amendment
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*Prohibiting the further introduction of slaves into Missouri
*requiring the children of Missouri slaves to be emancipated at the age of 25
*gradually eliminate slavery in Missouri
*1st step in abolishing slavery in all states eek!
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