Download - Chapter 12 Overview
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Chapter 12 Overview
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The American SystemHenry Clay envisioned a strong and independent national economy aided by the federal government. He believed that the federal government should:
• establish protective tariffs: (a tax on imported goods that protects a nation’s business from foreign competition).
• establish a national bank that would promote a single currency and abundant credit (making trade easier).
• invest in internal improvements, mostly transportation systems (again making trade within the US cheaper and easier)
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Era of Good Feelings
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Missouri Compromise
1. Missouri would be admitted to the union as a slave state
2. Maine would be admitted to the union as a non-slave state
3. Slavery would be prohibited in the remainder of the Louisiana Purchase north of the 36° 30’ line (southern border of MO).
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The Marshall Court
• McCulloch vs. Maryland
• Gibbons vs. Ogden
• Fletcher vs. Peck
• Dartmouth College vs. Woodward
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Florida
• The Adams-Onís Treaty of 1819 (also known as the Transcontinental Treaty of 1819, and sometimes the Florida Purchase Treaty) was a historic agreement between the United States and Spain. In addition to granting Florida to the United States, the treaty settled a boundary dispute along the Sabine River in Texas and firmly established the boundary of U.S. territory to the Rocky Mountains and the Pacific Ocean.
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Monroe Doctrine• The Americas should be closed to future
European colonization and free from European interference in sovereign countries' affairs.
• The United States' intended to stay neutral in European wars and in wars between European powers and their colonies (unless American interests were involved).
• The US would consider any new colonies or interference with independent countries in the Americas as hostile acts toward the United States.
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Cont.
Notes:• Written by John Quincy Adams• It did NOT pledge that the US
would abstain from claiming any former part of the Spanish empire (as Britain had wanted)