Period IV: 1800-1848 Part 2: The Era of Good Feelings · 2018. 9. 7. · Panic of 1819 ! Rising...

16
Period IV: 1800-1848 Part 2: The Era of Good Feelings

Transcript of Period IV: 1800-1848 Part 2: The Era of Good Feelings · 2018. 9. 7. · Panic of 1819 ! Rising...

  • Period IV: 1800-1848 Part 2: The Era of Good Feelings

  • Growth of the Economy

    !   War of 1812 stimulated manufacturing

    ! Second Bank of the United States

    !   Protective tariffs protected Northern textile industry from English competition – Boston Manufacturing Company ! Tariff of 1816

  • Transportation

    !   Government funded roads – National Road, PA Turnpike !   Most road construction fell to

    state governments and private institutions

    !   Development of steamboat lines – Robert Fulton and the Clermont

    !   Canals - Erie Canal completed in 1825

    !   Railroads – competed with canals by the 1830s

  • Westward Expansion

    !   Growing population – limited opportunities in the East

    !   War of 1812 reduced Native resistance !   Military victories and treaties opened Native lands !   Constructed forts along Great Lakes and upper

    Mississippi ! The Factor System

    !   Improved transportation

    !   Indiana (1816), Illinois (1818)

  • Cotton – Expansion of Slavery

    !   Spread westward – the Black Belt

    !   Growth of plantations – wealthy aristocratic class

    !   Mississippi (1817), Alabama (1819)

  • End of the First Party System

    !   “The Virginia Dynasty” – Jefferson, Madison, Monroe !   Monroe chose diverse cabinet members

    !   Federalist Party ceased to exist

  • John Quincy Adams and Florida

    !   Secretary of State

    !   Negotiated for annexation of Florida from Spain

    ! Seminole War – Andrew Jackson !   Invaded Florida and

    captured Spanish forts

    ! Adams–Onis Treaty of 1819 gave U.S. all of Florida !   U.S. gave up claims to

    Texas in return

  • Panic of 1819

    !   Rising prices for farm goods caused land boom

    !   National Bank tightened credit !   called in loans, foreclosed mortgages causing state bank

    failures and financial panic

    !   Blamed on the National Bank !   Existence became major political issue

  • Sectional Crisis !   Missouri

    !   Applied for statehood in 1819 !   Controversy over free or slave

    status – upset balance ! Tallmadge Amendment proposed

    it would be admitted as a free state

    ! Missouri Compromise (1819) – Henry Clay !   Missouri admitted as a slave state !   Maine admitted as a free state !   Slavery prohibited north of

    southern boundary of Missouri

  • John Marshall’s Continued Influence

    !   Fletcher v. Peck (1810) !   first time Supreme Court

    declared state law unconstitutional

    !   McCullough vs. Maryland (1819) !   Confirmed “implied

    powers” of Congress

    !   Gibbons vs. Ogden (1821) !   Strengthened Congress’s

    power to regulate interstate commerce

    !   Established authority of federal government over state governments

  • The Monroe Doctrine

    !   Series of Latin American revolutions against Spain

    !   Monroe declared American continents off-limits to European colonization !   Became known as the Monroe Doctrine (1823)

  • Revival of Opposition

    !   1820’s – new political divisions

    !   Election of 1824 !   Andrew Jackson 99 !   John Quincy Adams 84 !   William H. Crawford 41 !   Henry Clay 37

    !   “The Corrupt Bargain” - Clay supported Adams – enraged Jackson supporters !   Adams named Clay Secretary of State

  • New Parties

    !   National Republicans – Adams

    !   Democratic Republicans (Democrats) - Jackson