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Era of Good Feelings

Era of Good Feelings. James Monroe president in 1816 Made a goodwill tour of the U.s. He was a Republican who won over the Federalists. Ran unopposed for reelection in 1820. John C. Calhoun. Speaker for the South. Grew up on the frontier and attended Yale. Very intense speaker

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Era of Good Feelings

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  1. Era of Good Feelings • James Monroe president in 1816 • Made a goodwill tour of the U.s. • He was a Republican who won over the Federalists. • Ran unopposed for reelection in 1820.

  2. John C. Calhoun • Speaker for the South. • Grew up on the frontier and attended Yale. • Very intense speaker • Supported the War of 1812. • Opposed policies that strengthened the federal government • (was a southerner)

  3. Daniel Webster • Speaker for the North • Skillful speaker/impressive stature • Was from New England • Opposed the war of 1812 • Wanted the federal government to take a larger role in building the nation’s economy

  4. Henry Clay • Speaker for the west. • War Hawk who wanted the War of 1812 • Born in Virginia • Favored a more active role for the federal government.

  5. Economic Problems • 1. Chartered a new national bank in 1816. • 2. Foreign Competition: • Britain now trading with U.S. again in 1815. • Britain was able to make goods cheaper because their factories were already paid for. • Britain hoped to put American companies out of business by dumping • Dumping is the practice of selling goods in another country at VERY low prices.

  6. Protective Tariff • Angry New England business owners asked Congress to place a protective tariff on all goods • Protective Tariff of 1816; raised the tariffs on imports. • Also passed even higher tariffs in 1818 and 1824. • Southerners were angry (imported their goods)

  7. Clay’s American System • Dispute over tariffs led to sectionalism • Henry Clay’s American System • High tariffs on imports to help northern factories. • With money from industry, northerners would buy products from west and south • Reduce american dependence on foreign goods. • Congress would use $ to better the transportation system would make it easier for farmers in west and south to ship goods to city markets

  8. Supreme Court Expands Federal Power • McCulloch v. Maryland • States have no right to interfere with federal institutions within their borders. • Strengthened federal power • Allowed National Bank to continue which helped the economy.

  9. Supreme Court Cont…. • Gibbon v. Ogden • Upheld federal power to regulate commerce. • States could only regulate trade within its own borders. • Only federal government could control interstate trade.

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