Topic > Era of Good Feelings - 751

After the War of 1812, America was characterized as the Era of Good Feelings because of the national pride witnessed during Monroe's presidency. However, even though it stood out as such, many aspects of America were declining, meaning it was not an “era of good feelings.” First, the growing tension within the economy, due to the individual states' currency circulating in the nation, proved to be a failure. This event was soon called the Panic of 1819 because the issue spiraled out of control and led Americans to question whether banking was a good system or not. Additionally, during this time period, Chief Justice John Marshall's court continued to strengthen the federal government and its primacy, which unbalanced federal government and state power during the early years of the Republican Party. Not to mention that by the early 1800s, slavery was becoming an increasingly sectional issue, which meant it was intensely dividing the nation along regional lines. Indeed historians have traditionally labeled the period following the War of 1812 as the “era of good feelings,” but it further increased the tension between nationalism and sectionalism, which inevitably became evident and began to weaken the economy, intensifying sectionalism with the means of slavery and expansion and further disunity within government. The “good feelings” ended abruptly in 1819, when a financial terror called the Panic of 1819 threw the American economy into chaos. The panic caused a period of economic growth, inflation and land speculation, which destabilized the economy. Banks lent money to businessmen seeking to purchase new land to build factories for their industries; however, accompanying this expansion was inflation, which occurred… halfway through the document… it was full of political issues that made the period not so “good”. Inappropriately named, the Era of Good Feelings did not live up to expectations of what a nationalistic period was considered to be because sectionalism rose beneath the surface causing tension within the nation. Initially, due to one of these strains, the economy was destabilized and left people wondering about the American banking system. Furthermore, sectionalism between North and South strengthened because Northerners were becoming more and more opposed to slavery and Southerners were becoming more united in their defense of slavery as an institution. Finally, the political disagreement in this period only highlighted the disunity within the government. Whether the Era of Good Feelings has been accurately labeled or not, it actually laid the foundation for America to realize its future triumphs and potential..