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
Presidency of James Monroe Monroe hoped that the appointment of Adams would encourage the defection of more Federalists. Monroe offered the position of Secretary of War to Henry Clay of Kentucky, but Clay was only willing to serve in the cabinet as Secretary of State. Monroe's decision to appoint Adams to the latter position alienated Clay, and Clay would oppose many of the administration's policies. After General Andrew Jackson and Governor Isaac Shelby declined appointment as Secretary of War, Monroe turned to South Carolina Congressman John C. Calhoun, leaving the cabinet without a prominent Westerner. In late 1817, Rush was appointed as the ambassador