American System (1820's)
Henry Clays 3 pronged system to promote industry.
-A strong Banking System
-a protective tariff
-Federally funded transportation network
Anglo-American Convention (1818)
-signed by Britain and the U.S.
-allowed New England fisherman to access Newfoundland fisheries
-set the northern border for the Louisiana territory
-allowed joint occupation of the Oregon country
Cohens v. Virginia
case that allowed the supreme court to review the state supreme court in cases that involved federal govnt powers
Era of Good Feelings
Popular name for the period of one-party, Republican, rule during James Monroe's presidency. The term obscures bitter conflicts over internal improvements, slavery and the national bank.
Fletcher v. Peck
-firmer protection of private property
-Supreme Court could get rid of state laws contradicting federal laws
Gibbons v. Ogden
could the state grant a monopoly to a ferry on interstate waters?
result, congress had the sole control of interstate waters
can use federal powers not specifically granted or prohibited in the Constitution to carry out its constitutionally-mandated responsibilities. (263)
(I'll take no answer as a yes)
-Missouri was a slave state
-Maine was not
-anything in the Louisiana purchase was not
Panic of 1819
Bank tightened loan policies, depression rose throughout the country, hurt western farmers greatly
Fixed the line of 54°40' as the southernmost boundary of Russian holdings in North America.
Failed proposal to prohibit the importation of slaves into Missouri territory and pave the way for gradual emancipation
Tariff of 1816
created primarily to shield New England manufacturers from the inflow of British goods after the War of 1812.