James Monroe James Monroe James Monroe (; April 28, 1758 – July 4, 1831) was an American statesman and Founding Father who served as the fifth President of the United States from 1817 to 1825. He is perhaps best known for his foreign policy principle, known as the "Monroe Doctrine", which disallowed further European colonization of the Americas (beginning in 1823). Monroe was the last president of the Virginia dynasty, and his presidency ushered in what is known as the Era of Good Feelings. Born in Westmoreland County, Virginia, Monroe was of the planter class and fought in the American Revolutionary War.
Bonus Bill of 1817 that while the Constitution did not empower Congress to establish any system of internal improvements, he stated, "To the appropriation of the public money to improvements... I do not see any well-founded constitutional objection..." With that statement, Monroe now held that congress had the power to appropriate the public moneys at its discretion; and that though it was in duty bound to select objects of general importance, it was not the province of the president to sit in judgment upon its selections. Additional internal improvements legislation would soon follow. Bonus Bill of 1817 The Bonus Bill of 1817 was legislation