Stability and Decline: Into the 1820s
I. Jeffersonians become “federalists”
A. Lousiana Purchase
B. Gallatin and the National Bank
C. High Tariff
D. Military Might
II. The Era of Good Feelings
A. Electing James Monroe
B. Economics in the Era
1. Bank of the United States
2. Panic of 1819
a. over-production
b. land speculation
3. The Panic, the Bank, and Sectional Tension
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