Presidency of James Monroe 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 the United States since the ratification of the Constitution. He supported many federally-funded infrastructure projects, but vetoed other projects due to constitutional concerns. Monroe supported the Missouri Compromise, which admitted Missouri as a slave state but excluded slavery in the remaining territories north
James Forsyth (college president) James Forsyth (college president) James Forsyth (September 8, 1817 – August 10, 1886) was an attorney, businessman, and the seventh president of Rensselaer Polytechnic Institute. He was born in Peru, New York. He graduated from the University of Vermont in 1839 and was admitted to the bar in 1842. The following year, he moved to Troy, New York where he practiced law, and was a director and counsel of several local banks and companies. He was a founder and trustee of the Union Trust Company of New York, and President of the Troy & West Troy Bridge Company. He also