American Pageant Ch. 12 Era of Good Feelings (1812-1824) Allen Zhu
Nascent Nationalism Literature: Washington Irving, JF Cooper
1815 North American Review ; also American textbooks, painters
American System
Bank, 10K army, navy victory at Barbary
1824 American System (Henry Clay):
Banking system for abundant credit
1816 20-25% tariff to protect mfg.
Era of Good Feelings
& Panic of 1819
Growing Pains in the
West
Roads + canals, esp. in Ohio Valley
1817 Madison vetoes Calhoun’s Bonus Bill
$1.5M state transportation stimulus - unconstitutional
1825 Erie Canal in NY
1816 James Monroe elected – administrator
1817 Goodwill tour of NE
Overspeculation of Western lands by wildcat western banks
Scrutiny of debtor’s prisons
Monroe still reelected
Expansion of 9 states (alternating slave/free)
Ohio fever: appealed to “Butternuts”, Yankees, immigrants
Land exhaustion in older states
1811 Cumberland Road (MA – IL), steamboat
Land Act of 1820: 80 acres @ $1.25/acre min, also cheap roads, money
Missouri Compromise 1819 Tallmadge amendment: make MO free, passes House, alarms South
MO admitted as slave state, Maine as free to balance
Further slavery prohibited above 36 ° 30’
Lasted 34 years
John Marshall &
Judicial
Nationalism
Property Rights
McCulloch v. Maryland (1819): Bank of US constitutional (loose construction), and MD cannot tax it
Cohens v. Virginia (1821): lottery tickets, reasserted judicial review
Gibbons v. Ogden (1824): NY confers monopoly over NJ trade to steamboat
Fletcher v. Peck (1810): GA bribed into granting 35M acres in Miss. To
Senator Daniel Webster: foremost orator, challenged nullification
Territory Negotiations Treaty of 1818: share Newfoundland, LA at 49 ° , joint occupation of Oregon
Revolutions in S. America opportunistic FL Indian attacks
European Menace
Jackson executes two chiefs, two British, captures St. Marks + Pensacola
1819 FL Purchase Treaty (JQ Adams): Spain cedes FL + Oregon for TX
Monarchs suppress European rebellion, turn to S. America
1821 Russia extends Alaska to 51 °
America fears Russia will cut off CA
Britain wants to preserve good trade
1823 Canning asks America to renounce S. American territory
Monroe’s Doctrine Adams decides alliance w/ British undignified + unnecessary
Monroe Doctrine: noncolonization, nonintervention, isolation of New World
Insignificant
1824 Russo-American Treaty: Alaska’s southern boundary set at 54 ° 40’ speculators, but contract upheld
Dartmouth College v. Woodward (1819): Upheld Dartmouth’s charter against
NH at cost of less public control