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Chapter 8-Section 2
Chapter 8-Section 2
Chapter 8-Section 2
Americans emerged more united, more patriotic, and more filled with national pride than ever before Star-Spangled Banner would become our national anthem
Funds for national defense Frigates for the navy A standing army and federal control of the militia Federal aid for building roads and canals A protective tariff to encourage manufacturing Reestablishing the national bank Federal assumption of some state debts
TARIFF OF 1816
John C. Calhoun agreed because he believed the US needed to build up its army, pay its national debt, and develop its new industries The only way for America to be truly independent
National Bank was not rechartered in 1811, so its doors were closed No central bank to finance the war Private banks began issuing their own currency National debt soared as the value of the state bank notes and federal bonds declined April 10, 1816- Madison signed the charter of the Second National Bank of the United States to create order
1816- Calhoun introduced a bill to provide for the building of new roads and canals to tie the nation together The New Bank of the United States was to provide $1.5 million for these projects February 1817- Congress passes the bill
vetoed the bill based on the old idea of unconstitutionality of such governmental powers
Crushed the idea of the American System and inflamed sectionalism New roads, canals, and eventually railroads tied the West to the manufacturing centers of the North South remained tied to agriculture and slavery as a result
ECONOMIC SECTIONALISM
North
and Eastcommerce and industry South- agriculture West- small, subsistence farms
ECONOMIC SECTIONALISM
Sectional
Economic
No warships on the Great Lakes To not arm the border lands between the US and Canada Longest unfortified international border in the world The 49th parallel would mark the boundary between Canada and the US from Lake of the Woods in Minnesota to the Rocky Mountains Joint occupation of the Oregon territory for ten years
Secretary of State John Q. Adams sided with Jackson and issued Spain an ultimatum
Amount of money that Spain was being sued for by American merchants during the Napoleonic Wars
Established
solid boundaries between Louisiana and Spanish holdings in the West US gave up its claim of part of Texas Spain gave up its claim of the Pacific Northwest