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The 2nd Bank of the U.S
The essential function of the bank was to regulate the public credit issued by private banking institutions through the fiscal duties it performed for the U.S. Treasury, and to establish a sound and stable national currency. -
Rush-Bagot Treaty
The Rush-Bagot Treaty took place between the United States and Great Britain following the War of 1812 and its goal was to significantly eliminate both countries' burgeoning naval fleets stationed in the Great Lakes. Both nations aimed to ease tensions as a way to prevent another Anglo-American war. -
The Convention of 1818
The aim of the Convention of 1818 was to settle outstanding boundary issues and disputes between the US and British North America following the War of 1812. The Treaty of 1818 set the 49th parallel as the border with Canada from Rupert's Land west to the Rocky Mountains. -
Panic of 1819
The Panic of 1819 was the first major peacetime financial crisis in the United States. It was followed by a general collapse of the American economy that persisted through 1821. The Panic heralded the transition of the nation from its colonial commercial status with Europe toward an independent economy -
Missouri Compromise
The Missouri Compromise was the legislation that provided for the admission of Maine to the United States as a free state along with Missouri as a slave state, thus maintaining the balance of power between North and South in the United States Senate -
Maine and Missouri
U.S. Congress allowed for admission of Missouri as the 24th state
Maine became the 23rd state on March 15, 1820, as part of the Missouri Compromise, which allowed Missouri to enter the union as a slave state and Maine as a free state. -
Monroe Doctrine
The Monroe Doctrine was a United States policy of opposing European colonialism in the Americas beginning in 1823. In a speech to Congress in 1823, President James Monroe warned European powers not to attempt further colonization or otherwise interfere in the Western Hemisphere, stating that the United States would view any such interference as a potentially hostile act. -
Gibbons v. Ogden
was a landmark decision in which the Supreme Court of the United States held that the power to regulate interstate commerce, granted to Congress by the Commerce Clause of the United States Constitution, encompassed the power to regulate navigation. -
Andrew Jackson
It featured a re-match of the 1824 election, as President John Quincy Adams of the National Republican Party faced Andrew Jackson of the Democratic Party. Both parties were new organizations, and this was the first Presidential election their nominees contested. Unlike in 1824, Jackson defeated Adams, marking the start of Democratic dominance in Federal politics.
