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Presidency of James Monroe

1817–1825 U.S. presidential administration

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Through President of the United States

Monroe sought to eliminate political parties, and the Federalist Party faded as a national institution during his presidency. The Democratic-Republicans also stopped functioning as a unified political party, and the period during which Monroe served as president is often referred to as the "Era of Good Feelings" due to the lack of partisan conflict. Domestically, Monroe faced the Panic of 1819, the first major recession in American history. He supported many federally-funded infrastructure projects, but vetoed other projects due to constitutional concerns. Monroe signed the Missouri Compromise, which admitted Missouri as a slave state but excluded slavery in the remaining territories north of the parallel 36°30′ north.

In foreign policy, Monroe and Secretary of State Adams acquired East Florida from Spain with the Adams–Onís Treaty, realizing a long-term goal of Monroe and his predecessors. Reached after the First Seminole War, the Adams–Onís Treaty also solidified U.S. control over West Florida, established the western border of the United States, and included the cession of Spain's claims on Oregon Country. The Monroe administration also reached two treaties with Britain, marking a rapprochement between the two countries after the War of 1812. The Rush–Bagot Treaty demilitarized the U.S. border with British North America, while the Treaty of 1818 settled some boundary disputes and provided for the joint settlement of Oregon Country. Monroe was deeply sympathetic to the revolutionary movements in Latin America and opposed European influence in the region. In 1823, Monroe promulgated the Monroe Doctrine, which declared that the U.S. would remain neutral in European affairs, but would not accept new colonization of Latin America by European powers.

In the 1824 presidential election, four members of the Democratic-Republican Party sought to succeed Monroe, who remained neutral among the candidates. Adams emerged as the victor over General Andrew Jackson and Secretary of the Treasury William H. Crawford. Polls of historians and political scientists have generally ranked Monroe as an above-average president.

Election of 1816

Monroe's war-time leadership in the Madison administration had established him as the Democratic-Republican heir apparent, but not all party leaders supported Monroe's candidacy in the lead-up to the 1816 presidential election. Secretary of the Treasury William H. Crawford had the support of numerous Southern and Western Congressmen, many of whom were wary of Madison and Monroe's support for the establishment of the Second Bank of the United States. New York Democratic-Republicans resisted the possibility of another Virginian winning the presidency, and they backed the candidacy of Governor Daniel D. Tompkins. Though Crawford desired the nomination, he did not strongly oppose Monroe's candidacy, as he hoped to position himself to succeed Monroe in 1820 or 1824. In the congressional nominating caucus held in March 1816, Monroe defeated Crawford in a 65-to-54 vote, becoming his party's presidential nominee. Tompkins won the party's vice presidential nomination.

The moribund Federalist Party nominated Rufus King as their presidential nominee, but the Federalists offered little opposition following the conclusion of the War of 1812, which they had opposed. Some opponents of Monroe tried to recruit DeWitt Clinton, Madison's opponent in the 1812 election, but Clinton declined to enter the race. Monroe received 183 of the 217 electoral votes, winning every state but Massachusetts, Connecticut, and Delaware. In the concurrent congressional elections, Democratic-Republicans picked up several seats in the House of Representatives, leaving them with control of over three quarters of the chamber. Monroe was the last president called a Founding Father of the United States, and also the last president of the "Virginia dynasty", a term sometimes used to describe the fact that four of the nation's first five presidents were from Virginia.

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