ERA OF GOOD FEELINGS

1
ERA OF GOOD FEELINGS
2
Post War of 1812

• U.S. did not gain territory as a result of the
  war
• Patriotism grows in the country
• For first time, population sees themselves as
  Americans
• Manufacturing is growing
• Because of embargoes and naval blockades, the
  country had begun to produce own products

3
Weaknesses

• Financial System-
• Bank of the United States had not been
  re-chartered in 1811
• Government had to borrow from state banks
• Money had been printed beyond amount of specie
• Some banks would not accept money from other
  states

4

• Transportation System-
• Merchants have problem getting goods to market
• Land routes had to be used that were slow and
  expensive
• Products become scarce

5
Changes in Philosophy

• Democratic-Republicans (now called Republicans)
  are calling for strong national government
• They want to promote manufacturing, strengthen
  the financial system, and improve transportation
• They call for balanced economy of manufacturing,
  agriculture, and commerce

6
National Republicans

• Henry Clays American System
• National Bank
• Protective Tariff
• National Transportation System

7
Second National Bank

• 1816
• Pres. Madison speaks in support of consideration
  of a national bank
• John C. Calhoun introduces a bill to charter the
  Second Bank of the United States
• Madison signs the bill

8
Tariff Act of 1816

• U.S. manufacturers are unable to compete with
  British made products
• Protective tariff is passed
• 25 duty is put on imported factory goods
• Supported by industrialists in the North, opposed
  by importers and Southern planters

9
Roads and Canals

• In 1811, construction had begun on the National
  Road
• By 1819, it reached as far as Wheeling, Va
• In 1817, work begins on Erie Canal
• After completion, it links Lake Erie with Hudson
  River in New York
• These internal improvements began to bring the
  country together and promote trade

10
Election of 1816

• Madison will not run for reelection
• Democratic-Republicans will nominate James Monroe
  of Va. with Daniel Tompkins as VP
• Federalists do not formally nominate a candidate
• Leading Federalist is Rufus King
• Monroe wins by 183-34

11
FOREIGN POLICY
12
Great Britain

• 1817- Rush-Bagot Agreement
• Nations agree to limit the military presence on
  the Great Lakes
• Convention of 1818
• Border between U.S. and Canada is set at 49th
  parallel
• Oregon Country is to be jointly occupied for ten
  years, and then a boundary is to be set

13
Spain

• 1812- U.S. had incorporated West Florida
• 1818- Andrew Jackson goes into East Florida to
  fight Seminoles who had been aiding slaves
• He claims territory for U.S.
• John Quincy Adams tells Spain to control
  Seminoles or give Florida to U.S.
• 1819- Adams-Onis Treaty sells Florida to U.S.
• Also sets boundary of Louisiana Purchase

14
Monroe Doctrine

• Former Spanish colonies in Latin America have
  independence movements
• America recognizes these new republics
• 1823- Monroe states that there should be no
  future colonization of the Americas
• We are different than Europe, republics instead
  of monarchies
• U.S. would consider any attack on these nations
  an attack on our country
• U.S. will not interfere with European affairs