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Second Bank of the United States
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Counterfitting and confusion (due to different bills) was common. 2nd bank had more power - could not forbid state banks from producuing their own curency but through economic pressure it made sure that the currency produced was sound. --
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Francis Cabot Lowell
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In 1813 founded the first mill in America -- Waltham, MA
did spinning and weaving in the same mill in response to congress cutting off imports to stimulate manufacturing |
National Road
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Debated whether gov't money should be used for national rds or not -- 1807 decided that the profit from selling land in Ohio would go to a national rd.
The rd. went from the Potomac R. to the Ohio R. by 1818 the rd. reached as far as Wheeling, VA -- and up to PA |
Lancaster Pike
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Went from the national rd. to Pittsburg financed partly by the State of Pennsylvania
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Old Southwest
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A vast prarie with fertile soil, some settlers became wealthy off cotton others wer less successful -- slavery was established
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William Becknell
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1821--a missouri merchant who sold American goods to Mexico fro much lower prices than the inferior Mexican goods - one of the people who began the extensive trade with Mexico
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John Jacob Astor
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Fur trapper who owned the American Fur Co. after the war of 1812
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American Fur Company
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Profitable fur co. owned by John Jacob Astor
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Mountain Men
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Fur trappers - often single white and young
many were closely involved or married with Indian or Mexican women Had good relationships with Native tribes |
Andrew and William Ashley
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1822 Founded the Rocky Mt. Fur Co. -- convinced trappers to move permanently to the Rocky Mts.
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Rocky Mountain Fur Company
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Permanent settlements of trappers in the Rocky Mt. Annually supplies were brought by trains in exchange for fur - train arrivals became social events as most fur trappers lived in isolation
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Stephen H. Long
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Was sent (with 19 soldiers) to explore the Platte and South Platte Rivers - reported that the great plains was "The Great American Desert" convinced ppl not to migrate there
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Virginia Dynasty
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The first group of presidents (all from Virginia)
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James Monroe
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The Republican canidate for the 1816 presidental election. Tried to eliminate political parties - his cabinet was mixed from both parties, Sec. of State(John Quincy Adams - former Fed.) Secj. of War (John C. Calhoun) very popular (united country -- reelcted in 1820
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Rufus King
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Oppostion (Federalist) to James Monroe - was the last Federalist to run for president before the party was more or less gone
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