The Era of Good Feelings, The Monroe Doctrine, The Corrupt Bargain

When the War of 1812 ends, America is feeling very good.

Madison’s Sec. of State – has won the Presidency in 1816.

With the retirement of_______,the first great wave of American Politicians is over. What we see now is the rise of a second wave of American Statesmen

George Washington, John Adams, Alexander Hamilton, Thomas Jefferson, James Madison.

Henry Clay, Daniel Webster, JOhn Quincy Adams, John C. Calhoun

Western Rights – from Kentucky. His American System will bring big changes to the US.

States Rights – from South Carolina. Will be at the forefront of major policy for the next 30 years.

Strong Federal Government – from Massachusetts.

Nationalization of the US – from Massachusetts.

Henry Clay proposes a system of improvements that will help the US grow during this era and beyond. The System includes: National Bank Protective Tariff Internal Improvements (Mainly Transportation)

THis expired in 1811. This gave rise to Western Banks and State Banks which were not always safe in their loans. When this happened – individual currency lost some value. A second one of these was chartered in 1816.

American factories – in war mode, over-produced during the War of 1812. British manufactured goods also were prohibited for the duration of the war. This caused a glut of manufactured products on the market, both British and American. The british then begin "dumping" goods in the American market, which means to sell them for very low cost.This helps the American Manufacturers become self-sufficient.

This was the most extensive part of the American system.

Frist major road in America, which ran from Boston the Georgia

A road built from Baltimore to Illionois.