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Chapter 10 Section 1. Building a National Identity. 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

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Chapter 10 Section 1

Building a National Identity

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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

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Building the National Economy

  • Many people favored federal action to help the economy

  • Henry Clay

  • John C. Calhoun

  • Daniel Webster

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Henry Clay

  • Spoke for the West

  • Better roads/canals (transport goods)

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John C. Calhoun

  • Spoke for the south

  • At first a defender of national unity, later put more emphasis on states’ rights

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Daniel Webster

  • Spoke for the Northeast

  • At first opposed high tariffs, later supported them (protects industry)

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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

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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.

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  • John C. Calhoun

    • Argued the tariffs made northern manufacturers rich at the expense of the south

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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

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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

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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

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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