Nationalism And Economic Development

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Chapter 8:Nationalism and Economic Development

Era of Good Feelings-Also known as Monroe years, it was a time of nationalsim, optimism and good will; the “Monroe party” republican party was taking center stage with domination in the north, south and west
Sectionalism-Loyalty to a part of a nation, but not to the whole nation, i.e. Americans viewed themselves as northerners and southerners.
James Monroe- Won both the elections of 1816 and 1820; strongly supported nationalism and is responsible for aquiring Florida, the Missouri Compromise and the Monroe Doctrine.
Nationalism- devotion/loyalty one's own country Cultural: patriotic themes became important in everyday society from paintings to schoolbooks; paintings contained the Heroes of the revolutionary war; biograohies were written on the Heroes(especially George Washington) Economic:Installments of protective tarrifs for ametican manufacturers to protect their goods against British goods; a national bank and internal improvements(roads and canals)
Tarrif of 1816-protective tariff to protect American manufacturers from Americans purchasing British goods protective tariff-tariff to protect American goods from British goods to prevent the economy from failing.
Henry Clay(American System)-Representative of Kentucky he proposed the idea of the three part American system to help American the economy. The three parts consisted of protective tariffs, a national bank and internal improvements. Both the tariffs and the bank were already in place, however, Monroe and Madison didn't think internal improvements was a federal problem because it was not called for under the constitution and so it remained something to be done by the states.
Second Bank of the United States-was chartered in 1816 after the first bank's charter had been allowed to expire.
Panic of 1819-The Second Bank of the United States tried to control inflation which caused many state banks to close and the value of money to fall. Unemployment, bankruptcy increased and large amounts of farmland out west was foreclosed on.
John Marshall- chief of justice on the supreme court and favored central government, his first case was Marbury v. Madison in 1803 followed by several other cases. Fletcher v. Peck: Was a case on land fraud in Georgia where Marshall ruled a state was not allowed to pass a piece of legislation that invalidated a contract. McCulloch v. Maryland: Maryland was trying to collect taxes from the national bank and Marshall ruled federal laws are supreme to state laws and a state can't tax a federal bank. Dartmouth College v. Woodward: New Hampshire wanted to make Dartmouth a public institution. Marshall shut that idea down saying it was an uncostitiutional law and private corporations could not be altered by the state Gibbons v. Ogden:New York wanted to grant a monopoly to a steamboat company, but it conflicted with a charter put in place by congress. Marshall ruled the federal government was in charge of interstate commerce.
Implied powers-A political power not expressly named in a constitution but is inferred because it is necessary to the performance of an enumerated power.
Tallmadge Amendment-James Tallmadge proposed the amendment for Missouri's addmision into the U.S. that no more slaves would be allowed in Missouri and when the children reached 25 they would become free. This amenment was not passed because southerners became angry because they thought of it as the the first attempt at northerners trying to abolish slavery.
Missouri Compromise(1820)- Missouri was to come in as a slave state and Maine would come in free, anything north of the 36,30 would be free.
Stephen Decatur-was sent with a fleet in 1815 to force North Africa rulers to allow American shipping the free use of the mediterranean.
Rush-Bagot Agreement(1817)-limited naval armament on the Great Lakes and eventually also extended