190 likes | 312 Vues
Era of Good Feelings. Unit IIIB AP U.S. History. A National Perception. Era of Good Feelings – POL James Monroe (D-R) (1817-1825). Era of Good Feelings – POL The Marshall Court. McCulloch v. Maryland (1819) Bank of the United States constitutional under “necessary and proper”
E N D
Era of Good Feelings Unit IIIB AP U.S. History
Era of Good Feelings – POLThe Marshall Court • McCulloch v. Maryland (1819) • Bank of the United States constitutional under “necessary and proper” • States could not tax the Bank - Supremacy Clause • Gibbons v. Ogden (1824) • Increased federal government’s interstate commerce authority Chief Justice John Marshall
Era of Good Feelings – POL The Great Triumvirate WEST Henry Clay of Kentucky NORTH Daniel Webster of Massachusetts SOUTH John C. Calhoun of South Carolina
Era of Good Feelings – POLMissouri Compromise (1820) • Proposed by Henry Clay • Missouri admitted as slave state • Maine admitted as free state • Establish Latitude 36 30’ Line • North of the line is free • South of the line is slave • “Missouri question aroused and filled me with alarm…I have been among the most sanguine in believing that our Union would be of long duration. I now doubt it much.” - Thomas Jefferson, April 13, 1820
Era of Good Feelings – WORMonroe Doctrine (1823) • U.S. and Great Britain concerned about European expansion into Americas • John Q. Adams authored • Points • Americas no longer to subject to European colonization • Europe must not interfere with sovereignty of independent nations in Americas
America’s Market Economy – WXT Innovations Steam engine Spinning jenny Interchangeable parts Cotton gin
Evolution of Cotton Technological Advancements Eli Whitney’s cotton gin Improved transportation King Cotton Impact of Improved Agriculture Regional specialization Increased drive for western expansion Increased demand for slavery America’s Market Economy:Agriculture
Evolution of Textiles Putting-out system Technological advancements Samuel Slater Lowell System Vertically integrated system Boardinghouses Recruitment of young women Impact of Industrialization Increased output Opportunities for unskilled labor Weakened artisans Increased urbanization Increased American competitiveness America’s Market Economy:Industry and the Factory System
Henry Clay’s Plan Protective tariffs Develop domestic industries Source of federal revenue including infrastructure projects Tariff of 1816 Rate of 20-25% National bank Facilitate commerce and credit systems Second Bank of the United States (BUS) (1816) Infrastructure National roads, canals, internal improvements Improved transportation connected and expanded markets America’s Market Economy - WXTThe American System
American’s Market Economy – WXTPanic of 1819 • Causes • Western land speculation • War inflation then post-war deflation • BUS pursued contractionary monetary policy • Aftermath • First recession of market economy • Northern manufacturers demanded high tariffs • Southern farmers demanded low tariffs • Westerners criticized speculators and bankers