Chapter 8 Outline - National Experience
Chapter 8 Outline Nationalism and Economic Expansion
The Triumph of Neo-Federalism The American System ▪ Madison was a nationalistic President. Wanted strong military, strong national bank, federal taxes, and other internal improvements. ▪ Clay labeled this the “American System”—protective tariff as well as other things combined to stimulate agriculture and manufacturing
The Tariff of 1816 ▪ In the first post-war-of-1812 Congress—protectionists were industrials and farmers who would benefit, versus most of South ▪ Tariff of 1816 passed once Britain started selling cheap goods to America—attempt to ruin the American economy
The Second Bank of the United States ▪ 1st bank left its dealings to partially hectic state-chartered banks with various currencies; the feds did not possess ample financial machinery ▪ 1816: Second Bank passed in Congress- it was quite similar to the last one. ▪Functions: market federal securities, depository for federal funds, regulate currency, sound currency ▪ It needed be run correctly
Internal Improvements ▪ Madison authorized continual building of National Road ▪ States tried to pass a bill giving states $1.5 million for internal improvements, Madison vetoed it, and passed the buck to the states
The Era of Good Feelings ▪ Monroe succeeded Madison and was easily reelected ▪ Federalist Party disbanded – kickage of the bucket ▪ Monroe was a heartening President ▪ Country in a good mood –even New England (everyone loved this dude) ▪ This time period was labeled: “The Era of Good Feelings”
John Marshall and the Supreme Court Marshall’s Role ▪ John Marshall, a fervent nationalist, was appointed to Chief Justice
Judicial Review
The Triumph of Neo-Federalism The American System ▪ Madison was a nationalistic President. Wanted strong military, strong national bank, federal taxes, and other internal improvements. ▪ Clay labeled this the “American System”—protective tariff as well as other things combined to stimulate agriculture and manufacturing
The Tariff of 1816 ▪ In the first post-war-of-1812 Congress—protectionists were industrials and farmers who would benefit, versus most of South ▪ Tariff of 1816 passed once Britain started selling cheap goods to America—attempt to ruin the American economy
The Second Bank of the United States ▪ 1st bank left its dealings to partially hectic state-chartered banks with various currencies; the feds did not possess ample financial machinery ▪ 1816: Second Bank passed in Congress- it was quite similar to the last one. ▪Functions: market federal securities, depository for federal funds, regulate currency, sound currency ▪ It needed be run correctly
Internal Improvements ▪ Madison authorized continual building of National Road ▪ States tried to pass a bill giving states $1.5 million for internal improvements, Madison vetoed it, and passed the buck to the states
The Era of Good Feelings ▪ Monroe succeeded Madison and was easily reelected ▪ Federalist Party disbanded – kickage of the bucket ▪ Monroe was a heartening President ▪ Country in a good mood –even New England (everyone loved this dude) ▪ This time period was labeled: “The Era of Good Feelings”
John Marshall and the Supreme Court Marshall’s Role ▪ John Marshall, a fervent nationalist, was appointed to Chief Justice
Judicial Review