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James Monroe Presidency
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James Monroe Inaguration
On March 4th, James Monroe became the fifth president of the United States. -
Monroe Tours New England
Monroe went on a sixteen week tour of New England and used it to get to know citizen's backgrounds. This paved the way for the "Era of Good Feelings." -
The Panic of 1819
The Panic of 1819 was a financial hysteria. This was a time when there was lots of unemployment, mortgages were foreclosed, and banks failed. -
The Transcontinental Treaty
The Transcontinental Treaty, also known as the Adams-Onis Treaty, was when the United States and Spain determined the western limits of the Louisiana Purchase. This was when the U.S claimed Florida. -
The Missouri Compromise
The Missouri Compromise basically was an agreement that was passed by the United States Congress, that says that Maine is a free state and Missouri is a slave state. It also prohibited "any future territories or states north of Missouri's southern border." -
Monroe's Reelection
On December 6, 1820, James Monroe was reelected as President of the United States. -
Military Establishment Act
Monroe signed the Military Establishment Act to cut military spending by 40%. -
Monroe's Inaguration
On March 5, 1821, Monroe began his second term as president. -
Monroe Doctrine
James Monroe introduced the Monroe Doctrine. The Monroe Doctrine states that both North and South America were not open to colonization. It would also state that the U.S wouldn't allow European countries to intervene with "independent governments in the Americas." The Monroe Doctrine is a very important part of America's history. -
Monroe Announces he won't be Running for Reelection
on November 1, 1824, at the age of sixty-seven, James Monroe announced that he would not be running for reelection.
