America At This Time...
Panic of 1819- Four year economic decline
Slavery is becoming a contentious issue, North banned slavery while Southern supported it
Key People of the Presidency
John Quincy Adams- Secretary of state, helped asset with the Monroe Doctrine
James Tallmadge- Republican congressman from New York, moved that the introduction of further slaves be prohibited and that children of those already in Missouri be freed at age twenty-five
Henry Clay- Engineered Second Missouri compromise
Jesse Thomas- Drafted Missouri Compromise
"Our country may be likened to a new house. We lack many things, but we possess the most precious of all - liberty!"
Monroe approved John Marshall's decision in McCulloch v. Maryland which made sure the bank was constitutional. This decision led to a reasserting broad interapation of government powers.
In 1820, Monroe suggested that people who bought land when prices were high be granted a "reasonable indulgence." After this the Crawford Bill was passed which permitted debaters that were unable to pay balances, a secure title for that portion for which they had already paid. These people also got discounts if they payed their payments on time.
On March 1821 congress approved a bill that reduced the army's complement of 10 thousand men to 6 thousand.This saved the government a estimated 2 million.
Missouri Compromise- Resolved struggle pairing Missouri as a slave state with Maine to maintain sectional balance between free and slave states. It also prohibited slavery in all remaining territory within the north of the Louisiana Purchase
Missouri Controversy proved to be a fatal issue, were westward expansion slavery and sectional division arose
Sectionalism began to rule domestic policies