Bell Ringer What are the 4 changes to the American System that came from the Market Revolution. AND Give an example of *Hint*
Jan 15, 2016
Bell RingerWhat are the 4 changes to the American System that
came from the Market Revolution.
AND
Give an example of each.
*Hint*
The American SystemTariff of 1816:- British goods were cheaper
than domestic goods- Britain flooded the American
market with goods after the War of 1812
- This tariff would raise the price of British goods, making domestic goods more competitive
- Most “Northerners” approved of the tariff, while most “Southerners” did not
- The tariff passed when Clay and Calhoun endorsed it
(remember these names?)
Second B.U.S.:- Regional system made it
difficult to do business in different parts of the country
- The 2nd BUS was not as controversial of an issue as the tariff
- Allowed for one currency to be available in all regions
- Chartered by Congress in 1816 for 20 years
Transportation:- Needed a better
transportation system over land
- Mostly funded by the individual states
- The National Road (connected Maryland to the Ohio River Valley)
- The Erie Canal made NYC a dominant port city (like Boston and New Orleans)
In 1815, President Madison hoped to unite (bring together) the country’s diverse economies. The plan was endorsed by many, even long time Madison critics Clay and Calhoun!
Nationalism – Domestic PolicyAs the presidents added new territories to the United States, settlers pushed into those new
areas. However, as territories grew in population, a problem would surface.
States as of 1818:- 10 “Free states”- 10 “Slave states”
Problem:- Missouri was ready to
become a state. The argument started over if that state should be a “free” or “slave” state.
- Either way, it would throw off the balance in Congress (making it 12 for one side and 11 for the other)
Solution:Missouri Compromise 1820- Missouri would be added to the United
States as a “slave state”- Maine would be added as a “free state”- Set up the 36* 30’ line
States as of 1819:- 11 “Free states”- 11 “Slave states”
Missouri Compromise
Nationalism – Foreign PolicyBackground: Many European countries had different land claims & authority in different regions
of the Western Hemisphere… (Canada, Mexico, America, Caribbean, etc.)
Land AcquisitionU.S. & Canada:- Demilitarized the border- Fixed the border at the 49th
parallel
Adams-Onis Treaty:- Spain ceded Florida to U.S.- Spain gave up its claim to the
Oregon Territory
Monroe DoctrineBackground:- Russia, Spain, and Portugal all
making a push for land rights in the west
- President Monroe warned all outside powers not to interfere with the western hemisphere
James Monroe as president, the U.S. continued to expand its territories and assert its place as a strong and independent nation!
49th Parallel
Nationalism – The Supreme CourtFletcher vs. Peck
Nullified a Georgia law that
violated an individuals right to enter into a
contract
McCulloch vs. Maryland
The state of Maryland could not
tax the national bank
(more details to come)
Gibbons vs. OgdenRuled that only the federal government
could regulate trade between
states:- interstate or
intrastate(more details to
come)
Dartmouth College vs. Woodward
The state could not interfere with
the college’s charter because it
was a contract
Just like Marbury vs. Madison, the Marshall Court continued to strengthen the Supreme Court’s power.
Giving it precedence to not only strike down federal laws (by saying they are “unconstitutional”) but also
nullify state laws that violate the constitution.