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Chapter 10 Section 1

Chapter 10 Section 1

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Chapter 10 Section 1

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  1. Chapter 10 Section 1 Building a National Identity

  2. The Era of Good Feelings • End of War of 1812- Republicans in control • Pres. Election 1816- James Monroe of Virginia (R) • A few years later, Fed. Party disappeared • “Era of Good Feelings”- term used to describe Monroe’s years in office • Monroe ran for reelection 1820---no one opposed him

  3. Building the National Economy • Many people favored federal action to help the economy • Henry Clay • John C. Calhoun • Daniel Webster

  4. Henry Clay • Spoke for the West • Better roads/canals (transport goods)

  5. John C. Calhoun • Spoke for the south • At first a defender of national unity, later put more emphasis on states’ rights

  6. Daniel Webster • Spoke for the Northeast • At first opposed high tariffs, later supported them (protects industry)

  7. The Second Bank of the U.S. • By 1811, the Bank of the U.S. did not exist!! • Why??? • Charter ran out • Economy suffered • Congress established 2nd bank of U.S. in 1816

  8. The Tariff of 1816 • British began dumping their goods in the U.S. (dumping---selling goods in another country below market prices) • This caused many N.E. businesses to fail • Factory owners demanded Congress to help • Congress responded with the tariff of 1816 • Put a tax on foreign textiles, iron, leather goods, paper, & other products • The people in the south resented the tariffs • Factories are not common here at this time! They were forced to pay more for the goods.

  9. John C. Calhoun • Argued the tariffs made northern manufacturers rich at the expense of the south

  10. Clay’s American System • Henry Clay—came up with a plan to help the American economy • Proposed high tariffs • Proposed program of public works • The money raised from tariffs would be used to build up infrastructure (roads, bridges, canals) in the South and West • Never became government policy

  11. McCulloch v. Maryland (1819) • Court protected the 2nd bank of the U.S. • State of Maryland tried to put a tax on the branch of the bank operating in that state. • Bank refused to pay the tax • Court’s decision ruled states had no power to interfere with federal institutions • Court said a state can not pass any law that violates a federal law

  12. Dartmouth College v. Woodward (1819) • Court ruled the charter of Dartmouth College was a private contract • The Constitution protects private contracts • The state of N.H. (woodward) could not change Dartmouth College’s charter • Protecting private contracts/businesses • Helped promote capitalism: the economic system in which privately owned businesses compete in a free market

  13. Gibbons v. Ogden (1824) • Court ruled that N.Y. state could not give a steamboat company a monopoly to carry passengers on the Hudson River • The river is interstate commerce- trade between two or more states • Under the Constitution, only Congress can regulate interstate commerce • Powers of the federal gov. stengthened