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  • Henry Clay
  • I love compromise
  • The American System was composed of three parts: a strong banking system, a tariff, and infrastructure
  • It contributed to the Era of Good Feelings
  • The Era of Good Feelings was a misnomer. It was a time of financial stability however issues were arising about the tariff, bank, sectionalism, and slavery was an impending problem.
  • This debt doesn't feel too good
  • In 1819 the Era of good feelings faded as financial panic arose with the Panic of 1819.
  • Depression, unemployment, and bankruptcies, and debtors prisons. In the west, the Land Act of 1820 sold new land for a minimum of $1.25 an acre.
  • Slavery became more and more of a problem when Missouri wanted to become a slave state,.
  • The Missouri Compromise didn't please the North or the South. The North won in the sense that slavery was abolished past a certain line. The South won Missouri as an unrestricted slave state.
  • The Tallmadge amendment was passed that stipulated no more slaves be brought into Missouri and included gradual emancipation.
  • No slavery past this line
  • More tension arose between federal and state powers
  • John Marshall's supreme court cases all concluded in favor of federal power, limiting states rights and thus upsetting state governments.
  • When Spain ceded Florida in the Florida Purchase Treaty, America gained even more territory. They also acquired part of the Oregon country, shared with Canada. 
  • THE MONROE DOCTRINE A.k.a the Self-Defense Doctrine It was composed of two basic features: noncolonization and nonintervention. Noncolonization was directed toward Russia, but stated more than there would be no more colonization in America. Existing colonies are fine, and America will also not colonize any other territories. Nonintervention reinforced isolationism in the sense that Monroe again warned against foreign intervention. He wanted Europe's monarchs to stay uninvolved in America.  The doctrine was the most long-lived evidence of post 1812-nationalism. Monroe emphasized that all Old World will stay away, and boosted isolationism and patriotism.
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