The 'Era Of Good Feelings'

Decent Essays
The Era of Good Feelings was when the Republicans took charge after the War of 1812. James Monroe from Virginia and a candidate from the Republicans won the election by a landslide. President Monroe want to promote national unity, in 1817 he made a goodwill circuit. After 1815 many Americans and even the Republicans believed the federal government should take action and increase economic prosperity. These beliefs were expressed by Henry Clay, John C. Calhoun, and Daniel Webster. Clay spoke for the people in the West, Calhoun spoke for the interest in the South, and Webster became a spokesperson for the Northeast.
The First National Bank of the United States ceased to exist in 1811 after its charter ran out. Without the bank the economy suffered

Related Documents

  • Improved Essays

    Andrew Jackson Failures

    • 1035 Words
    • 5 Pages

    The Nation Bank while set up with good intentions, had fell into a high level of influnce over the governing of the nation, built upon a foundation of ill-intentioned promises and bribes, that ensured the growth of the weath for those who managed the National bank (DOC2). Andrew Jackson sought to dismantle the disconstrewed center peice by removing the nation funds from the national bank, and moving them into smaller, state-centered, pet banks. This along with the constant veto of actions that would ensure the survival of the Naiton Bank, slowly drained the life from it until it could function no more, and disolved. For Andrew Jackson it was a victory, and since it was a victory for Andrew Jackson, the people saw it as a victory, but the wealthy minority began to form a growing distaste for his actions. The Nation Bank to them was a way to ensure the stablity of currency, and a safe way to manage the wealth of the nation.…

    • 1035 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    1. McCulloch v. Maryland Constitutional Question: Did Congress have the power under the Constitution to establish a national bank under Article 1, Section 8, and Clause 18 of the constitution and did Maryland unconstitutionally tax a branch of the national bank operating within its borders? Background information: The U.S government created the first national bank in 1791, while in 1816; the second national bank of the United States was created. Many branches of the Bank of the United States opened throughout the country. States were worried about the increasing power of the national government because the national banks competed with state banks.…

    • 1023 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    The Bank War was a campaign started by Andrew Jackson to terminate the Second Bank of the United States, but it was mainly due to that fact that his reelection assured him that his objection to the bank won his national support. Andrew Jackson's antagonism with the capable national bank and its "paper cash" can be followed as far back as the First Bank of the US. Jackson lost everything amid the time when the market development and the accessibility of western grounds ought to have offered safe open doors for monetary change to an ever increasing number of people. Jackson rebuked the keeping money framework for his own monetary disasters (all including land hypothesis and useless certified receipts). With overpowering help of the majority, Jackson was chosen president in 1828 and offered energy to look for change.…

    • 1584 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    Apush Chapter 12 Outline

    • 1526 Words
    • 7 Pages

    James Monroe won the election. The time during the administrations of President Monroe was known as the "Era of Good Feelings" because the 2 political parties were getting along. The Panic of 1819 and the Curse of Hard Times The Panic of 1819 was the first financial panic since President Washington took office.…

    • 1526 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    “...since the adoption of the Constitution, a bank has existed under the authority of the federal government… during which time public and private credit have been maintained at an elevation fully equal to what has existed in any nation in the world; whereas, in the two short intervals during which no national bank existed, public and private credit were greatly impaired and….the fiscal operations of the government were almost entirely arrested” (Doc…

    • 762 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    He viewed it as a monopoly, only an elite group of wealthy people ran the bank. After Jackson’s second term, he began to place federal money into state banks, Pet Banks, rather than the National Bank. These banks started to make their own money, which had no value on other markets. The recession…

    • 567 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    After the Treaty of Ghent that ended that conflict, Calhoun was responsible for starting the Second Bank of the United States. Calhoun was a candidate for the presidency in 1824. He eventually dropped out of the race due to partisan attacks from…

    • 316 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Andrew Jackson was a president who governed from 1829 to 1837. There have been arguments on whether he was a great president or a bad president. Andrew Jackson was a good president who helped form the United States for many reasons. He strengthened the the United States through the democracy and through the economics.…

    • 944 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    The Second Bank of the United States was what most of the banking policy discussions originated from. Jackson disliked banks and paper money in general. He vetoed the renewal of the Bank's charter and withdrew federal deposits from the bank. Clay hoped to divide Jackson's supporters, and earn the favor in Pennsylvania, where the bank’s headquarters were. Clay launched attacks on Jackson and generally failed.…

    • 1382 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    Clay and Webster drafted a bill rechartering the bank. They reasoned that if Jackson dared to veto the bill it would put his reelection in jeopardy because in that era a veto was a rare occurrence. The bill passed Congress and…

    • 987 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    With respect to the federal Constitution, the Jeffersonian Republicans are usually characterized as strict constructionists who were opposed to the broad constructionism of the Federalists. To what extent was this characterization of the two parties accurate during the presidencies of Jefferson and Madison? As war wages on in Europe, economic and political influence is spreading to America. As the President’s, Jefferson and Madison are challenged by upholding their country’s honor and putting their beliefs into action.…

    • 856 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    In, “The New Science of Happiness,” Claudia Wells discusses 3 great ways to become more happy. By getting more pleasure out of life, becoming more engaged in what you’re doing, and finding ways to make your life more meaningful, Wells explains these actions can greatly influence your happiness levels. Savoring each and every sensory drop from any given moment will increase your gratitude towards life's seemingly mundane interactions. Which brings us to the large topic of gratitude which Wells, in conjunction with studies by psychologist Robert Emmons, explains that “Gratitude exercises can do more than life one’s mood… they improve physical health, raise energy levels, and, for patients with neuromuscular disease, relieve pain and fatigue.”…

    • 154 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    In the words of President Calvin Coolidge, “The country can regard the present with satisfaction and anticipate the future with optimism,” (Doc B). Despite being President of the country, Coolidge was incredibly mistaken. Coolidge had no clue as to how far down their economy would plummet from 1929 to 1939. Coolidge had no clue that there would be thousands of homeless families and failing businesses in America’s not-so-distant future. Even John T. Raskob could not see this happening as he wrote in Everybody Ought to be Rich, “...anyone not only can be rich, but ought to be rich” (Doc C).…

    • 1825 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    The end of the war ushered in a new era of nationalism and allowed America to progress industrially. Before the War of 1812 had officially begun there was animosity that had forced the country to take opposing sides. Jeffersonian Republicans believed heavily in the war efforts. They considered England’s repeated disregard to their maritime laws as an insult to the nation’s honor.…

    • 1361 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    The Bank of the United States received its license in 1791 from the United States Congress and was signed by President George Washington. Secretary of the Treasury, Alexander Hamilton, designed the Bank’s charter. He modeled it after the Bank of England. The bank was needed because the government had a debt from the Revolutionary War and each state had a different form of currency. Hamilton considered creating the bank to handle the massive war debt and to create a standard form of…

    • 904 Words
    • 4 Pages
    Improved Essays