The Era of Good Feelings
Overview: The election of James Monroe in 1816 marked what was termed the "Era of Good Feelings," characterized by nationalism, optimism, and goodwill.
Political Unity: The Federalist Party faded, and the Democratic-Republicans adopted some of their policies, leading to a perception of political unity.
Underlying Tensions: Despite the nickname, debates over tariffs, the national bank, internal improvements, and public land sales continued. Sectional tensions over slavery were also rising.
James Monroe
Background: Monroe was a Revolutionary War veteran, prominent in Virginia politics, and had served as Jefferson’s minister to Great Britain and Madison’s secretary of state.
Election of 1816: Monroe defeated Federalist Rufus King, 183 electoral votes to 34. By 1820, the Federalist Party had nearly vanished, and Monroe was nearly unanimously re-elected.
Economic Nationalism
Post-War Political Movement: Aimed at supporting national economic growth through internal improvements and protectionist policies.
Tariff of 1816
Purpose: Raised tariffs to protect U.S. manufacturers from British competition.
Support and Opposition: Supported by most regions except New England, which had little manufacturing at the time.
Significance: First protective tariff, protecting U.S. manufactured items from overseas competition
Henry Clay’s American System
Components:
Protective Tariffs: To promote American manufacturing and raise revenue.
National Bank: To provide a stable currency and credit system.
Internal Improvements: Federally funded infrastructure projects.
Implementation: Tariffs and the national bank were established; internal improvements faced opposition from Presidents Madison and Monroe due to constitutional concerns.
The Panic of 1819
Causes: Economic disaster triggered by the Second Bank of the United States tightening credit to control inflation.
Effects: Bank closures, unemployment, bankruptcies, and foreclosures on western farmland. Shook nationalistic beliefs and led to calls for land reform and opposition to the national bank and debtors' prisons.
Western Settlement
Population Growth: Western population doubled due to the acquisition of new lands, economic pressures, improved transportation, and immigration.
Reasons for Westward Movement:
Acquisition of Lands: Military victories opened new territories.
Economic Pressures: Northeast economic difficulties and southern soil exhaustion drove people west.
Improved Transportation: Roads, canals, steamboats, and railroads facilitated movement.
Immigration: Cheap land attracted European immigrants.
The Missouri Compromise
Background
Sectional Balance: Since Vermont (a free state) and Kentucky (a slave state) entered the Union in 1791-1792, maintaining a balance between free and slave states in Congress was a priority.
Senate Balance: The Senate remained evenly divided with 11 free states and 11 slave states, allowing southern senators to block legislation they opposed.
Missouri's Statehood Bid
Significance: Missouri's application for statehood in 1819 alarmed the North as it was a slave state. Admitting Missouri as a slave state would tip the balance in favor of the South.
Louisiana Purchase: Missouri was the first territory from the Louisiana Purchase to apply for statehood, raising concerns about the future status of other territories from the purchase.
Tallmadge Amendment
Proposed by: Representative James Tallmadge from New York.
Provisions:
Prohibit further introduction of slaves into Missouri.
Emancipate children of Missouri slaves at age 25.
Outcome: The amendment was defeated in the Senate. Southerners saw it as a step towards abolishing slavery in all states.
Clay’s Proposals: The Missouri Compromise
Henry Clay's Role: After months of heated debate, Henry Clay proposed a compromise consisting of three parts:
Admit Missouri as a slave state.
Admit Maine as a free state.
Prohibit slavery in the rest of the Louisiana Territory north of latitude 36° 30'.
Passage: Both houses of Congress passed the bills, and President Monroe signed them into law in March 1820, known as the Missouri Compromise.
Aftermath
Sectional Feelings: The compromise temporarily subsided sectional tensions over slavery.
Preservation of Balance: The Missouri Compromise maintained the balance between free and slave states for over 30 years, allowing time for the nation to mature.
Nationalism vs. Sectionalism: Despite the compromise, Americans remained divided between loyalty to the Union (nationalism) and loyalty to their own regions (sectionalism).
Map
Geographic Impact: The Missouri Compromise delineated territories open to slavery and those closed to slavery based on the 36° 30' latitude line.
Source: The Missouri Compromise, National Geographic Society.