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 Gregory for six years. In 1887 he was a candidate to replace James Campbell Matthews as Washington, DC Recorder of Deeds, although the position went to William Monroe Trotter. Gregory was again a candidate for the position to succeed Trotter in late 1889, but the position went to Blanche Bruce. Gregory was president of the American Association of Educators of Colored Youth which was he founded in 1890 and led throughout its existence. He was a delegate to the 1892 Republican National Convention, and expressed interest in the Recorder of Deeds job again, which in 1893 went to C. H. J.