blog




  • Essay / The Era of Good Feelings - 751

    After the War of 1812, America was characterized as the Era of Good Feelings due to the national pride seen during Monroe's presidency. However, even though it was so distinguished, many aspects of America were in decline, which explains why it was not an "age of good feelings." First, the growing tension within the economy, due to the currency of different states circulating in the country, was a failure. This event was soon called the Panic of 1819, as the problem spiraled out of control and led Americans to question whether banking was a good system or not. Additionally, during this period, Chief Justice John Marshall's court continued to strengthen the federal government and its primacy, which unbalanced federal government and state power during the early years of the Republican Party. Not to mention, by the early 1800s, slavery was becoming an increasingly sectional issue, meaning it intensely divided the nation along regional lines. Indeed, historians have traditionally referred to the period following the War of 1812 as the "Age of Good Feelings", but there was additionally growing tension between nationalism and sectionalism, which were inevitably visible and began to deteriorate the economy, intensify sectionalism through slavery and expansion and increased disunity in government. The “good feelings” came to an abrupt end in 1819 when a financial terror called the Panic of 1819 threw the American economy into turmoil. The panic caused a period of economic growth, inflation, and land speculation, all of which destabilized the economy. Banks lent money to businessmen looking to purchase new land to build factories for their industries; However, this expansion was accompanied by inflation that occurred... middle of paper ...... ng was filled with political problems that made the period less "good". Inappropriately named, the Era of Good Feelings failed to live up to expectations that it was considered a nationalist period, as sectionalism emerged beneath the surface, causing tensions within the nation. Initially because of one of these tensions, the economy was destabilized and left people confused about the American banking system. Additionally, sectionalism between the North and South grew stronger because Northerners were increasingly opposed to slavery and Southerners were increasingly united in their defense of slavery as a institution. Finally, the political disagreements of this period only demonstrated the disunity within the government. Whether or not the Era of Good Feelings has been accurately characterized, it did indeed lay the foundation for America to realize its future triumphs and potential...