HISTORYThe period from 1815-1828 was a period of political recovery and thrifty growth that moved the nation forward . The decade had collection Monroe for president . Save for the Panic of 1819 electric chair Monroe called it an era of pet feelingsIn 1815 American baccy lost a sizeable tidy sum of the Turkey market The lands in Virginia that used to grow tobacco plant were left to become pine forests . The cultivation of tobacco sunk the lands for other agriculture crops . The tobacco farmers sold their slaves to cotton growers . The slaves were seduce to cultivate sugar instead which was an important commodity in the Gulf CoastThe Southerners set upd cotton on a small-scale . The found of Eli Whitney of a machine that took the cotton off from its seeds do lick faster and easier for the cotton planters . P roduction increased . Soon profuse the planters acquired more lands from those who moved westward Cotton production do small cotton growers big plantation ownersThe Northerners produced wheat , puke yellow , and oats . They raised hogs and cattle . The crops of the north were both for hard cash and subsistence charm the south had to alternate their cotton with their subsistence cropsThe government built the Cumberland pike in 1818 and the Erie Canal in 1825 . These eased stumble and doing of farm produce to markets . This considerably reduced the time and represent of transport of commoditiesIn 1816 there were 246 state-chartered banks , which issued bank nones unrestrained by the US Treasury . Demand deposits rose . Banks financed ancestryes that made money . This group cotton prices upThe manufacturing industry provided employment for everyone , until the Panic of 1918 .
With government alleviate and private credit funding manufacturers were back in production line and experienced rapid and tremendous growthWith interests for expansion , trade and dealings , President James Monroe made a declaration where he ensured the united States will have unrestricted access to the colonies in the western hemispherePresident Monroe addressed Congress on December 2 , 1823 and discussed the new US Foreign Policy . Basically it was nigh staying away from the affairs of the europiuman powers and maintaining neutrality . Monroe withal warned Europe to do the same with the newly independent states in the Americas . The unite States desire to trade with the Latin Americans and was worried of the mercantilist interes ts of Spain and France . The unite States was also concern about Russia s settle in Alaska and Oregon . To unbosom these fears President Monroe proposed three things for the Americas and Europe to have separate spheres of influence , no to colonization and no to interventionThe British proposed a marijuana fanny declaration which was not acceptable to the United States . John Quincy Adams , the depository of State , opposed it . He thought that the British not notwithstanding have trade interests in mind only if colonization as well . He added that cooperation with Britain would limit the United States future expansion movesThe United States then proceeded to unilaterally produce that the continents of America must not be subject to...If you bolshy to get a full essay, order it on our website: BestEssayCheap.com
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