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 Unlike Jefferson, Monroe was rarely attacked as an atheist or infidel. In 1832 James Renwick Willson, a Reformed Presbyterian minister in Albany, New York, criticized Monroe for having "lived and died like a second-rate Athenian philosopher." Monroe owned dozens of slaves. According to William Seale, he took several slaves with him to Washington to serve at the White House from 1817 to 1825. This was typical of other slaveholders, as Congress did not provide for domestic staff of the presidents at that time. As president of Virginia's constitutional convention in the fall of 1829, Monroe reiterated his belief that slavery