Chapter 10 Extra Flashcards
James Madison wanted…
Steady army and navy, new national bank, national university, infrastructure, protective tariff
Jefferson’s embargo
Created factories
People wanted balanced economy
Agricultural expansion
National Bank causes for establishment
Hard money short during war
Unstable natl currency
What was used to justify constitutionality of natl bank
Congress power to regulate congress
Nathaniel Macon
Strict construction
Too much govt power could abolish slavery
Calhouns view on tariff of 1816
At first promoted thinking it’d turn south into manufacturing
Switched when realized it wouldn’t
National Road national feelings
South and NE didn’t expect to benefit, didn’t support
West supported
James Monroe
Accepted bus and tariff of 1816
Wanted to remove fed govt from infrastructure
Vetoed Cumberland road bill
Removed threat of Great Lakes competition
Rush-Bagot agreement 1817
Convention of 1819
1) north boundary of Louisiana purchase established @ 49th parallel
2) Oregon territory shared between Britain and America
3) Americans got back right to fish in NE
Navigation Act of 1817
Importation of w Indian produce allowed only by an A vessel or W Indian merchants
Land Act of 1820
Increased # of people able to own land
Langdon Cheves
Appointed BUS^2 president
Reduced salaries
Postponed dividend payment
Stopped credit extension, forced state banks to keep specie reserves,
Peculiar Institution
Slavery in the south
Second Missouri compromise
Clay
Missouri must count free blacks as citizens