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 Monroe Family Home Site James Monroe Family Home Site James Monroe Family Home Site, also known as James Monroe's Birthplace, is a historic archaeological site located near Oak Grove and Colonial Beach, Westmoreland County, Virginia. The site includes the ruins of the Monroe Family Home and birthplace of President James Monroe (1758-1831), which were uncovered in 1976, by a team from the College of William & Mary. Monroe spent his entire youth working the farm until he left for his education at the College of William & Mary. The archaeological team uncovered a house foundation measuring 20 feet by 58 feet. The known 1845