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Essay: The American System: The End of the War of 1812 and Policies to Build the US Economy

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  • Published: 1 April 2019*
  • Last Modified: 15 October 2024
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  • Words: 1,304 (approx)
  • Number of pages: 6 (approx)

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Once the completion of the War of 1812 took place, the federal government strive to gain many policies to build up the national economy. The Second Bank of the US was created in 1816, after the first national bank’s charter had lapsed. It helped level the economy by assisting with creating currency that worked nationally. The BUS helped create loans for farmers, small manufacturers, and regulation of state banks to be able to provide their own currency. Also during the time of 1816, Congress ended up creating the Tariff of 1816, which ended up inputting taxes on assorted imported goods, to help assist with safeguarding America’s iron and textile from the competition of the British. When Monroe, Adams, and Madison, all came together, they advocated for a dynamic economic role for the federal government, which included, the creation of a nation bank, tariff to be able to protect Americans, and federal funded internal improvements, which were the construction of canals and roads to assist with the flow of goods and people. Within the case of Dartmouth College vs. Woodward and McCulloch v Maryland in 1819, the Supreme Court limited the power of the states and the strength of the federal government increased. In Gibbons v. Ogden, 1824, John Marshall’s final judicial decision assisted with establishing the federal government’s power in controlling the interstate commerce.

2. Summarize the issues and ideas that promoted sectional conflict during this era.

The American System which was created by Republican Henry Clay, was an economic plan which focused on federal tariffs on imports, having a strong national bank, and federally funded internal important on roads, bridges, and canals. This American System was to create a tighter and greater national economy and to place an end to the dependence on Great Britain. A lot of Americans were focused more on the needs of their particular area that they lived in. The individuals around the regions of the North, South, and West, didn’t agree with the polices that were believed to be in their best interest. As individuals started to migrate into the West, the focal point became more on the extension of slavery and it actually ended up becoming a concern, politically. Jefferson knew that the future of slavery couldn’t be avoided any longer and would have to become addressed immediately.

3. Explain the emergence of the “Era of Good Feelings” and the factors that led to its demise.

As James Monroe took over with his term into office, it ended up becoming called the Era of Good Feelings because during his term, it started off with peace and prosperity. During James Monroe’s time into office, there were two major events that ended up taking place, which were the Panic of 1819 and the Missouri Compromise if 1820. Cotton ended up becoming a major force within the South and ended up assisting with the talks of the expansion of slavery, which ended up going West with southern farmers. The national economy including southern farmer’s suffered a loss with the drop in prices for cotton within 1819. The Missouri Comprise in 1820, assisted with making the decision to admit Missouri as a slave state. This comprise, had a clause which did not allow any type of slavery within the area that was West of the Mississippi River. Even though this decision was made, it caused a lot of Sectionalism ruckus within the president’s cabinet.

4. Identify the federal government’s diplomatic accomplishments during this era, and analyze their impact.

Everything that was completed and executed towards the of the War of 1812 and the civil war that was coming, caused a lot of uneasy worry about the extension of America’s contest boundaries and the re-opening of trade with Great Britain. The northern borders ended up executing achievements with Great Britain. Around the South, with the Transcontinental Treaty of 1819, that provided clarification surrounding the boundaries of the Louisiana Purchase and provided the exchange of Florida to the US, in return to the US government providing payment of 5 million to settle claims of American citizens against the Spanish government. This treaty ended up allowing Florida to become a US territory and in 1845, it ended up finally becoming a state. Monroe ended up inputting Adam’s view into his Monroe Doctrine, which became a US foreign policy that barred any additional settlement in the Western Hemisphere by European authority and vowed that, there wouldn’t be any American intervention from the American people to any existing European areas.  

5. Evaluate the influence of Andrew Jackson on national politics in 1820s and the developments that enabled him to become president.

The Republicans became the only political party within the nation, as the fall of the Federalist, ended within the first party system. But the Republicans found out that they weren’t so unified as they believed, after Andrew Jackson, lost the election of 1824. Andrew Jackson blamed the lost on corruption, as presidential candidate Henry Clay, ended up assisting in securing John Quincy Adam’s win over Jackson, supposedly in exchange for providing, Clay the opportunity of being Secretary of state. Andrew Jackson was however able to claim the victory of winning the election of 1827, by campaigning southern and westerns voters with his connection to the normal man. Jackson’s election ended up creating a new era in national politics that showed the democratization in most states for those males that were white and the creation of political groups that would target voters attached to certain issues and personalities.

Reflection:

The piece of the chapter that became of must interest to me, was the economic plan that was put together by Henry Clay. I respected that plan that he put into motion because it was great that he wanted to financially for example develop stronger national banks and also create internal improvements. By America having the access to better roads and canals, it assisted them in being able to move at a faster rate and also by them being able to reach more colonies with the trade. In allowing America to get strategically in order to be able to compete with the British, this allowed more opportunity and growth for American’s to be able to have the upper hand when dealing with the British and creating tax to assist with them not being able to come and take over the sales of goods. The idea of having a national bank, which would supply currency throughout the nation, would end up becoming helpful overall for the country in being on the same page in which what would be offered to be utilized for monetary value. When comparing these different type of opportunities with today, I always see the good and bad with things. Yes, it’s so helpful with being able to create different types of roads, however, the money that continues to be spend on fixing up these types of things, is normally money that we as a nation doesn’t even have. We need to focus on spending funds on things that matter so much more, instead of something that is used a couple of times, will just end up getting worn out again. I also look at banks these days, and they cannot be trusted at all. There is so much corruption inside of the bank, that most times, you end up losing your money from the individuals you are trusting to protect your funds. The world isn’t truthful anymore and this is where the problem lies. Everyone wants to put on an image that they cannot afford. Our government does what they believe is good but they never are looking out for the best interest of the individuals. It’s just like the past in which the only thing this world is good for is making money, whether it’s unhealthy or healthy for the individuals.

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