How Did James Monroe A Success In Office

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James Monroe, the fifth president of the United States, faced many challenges in office. The last of the old revolutionaries and of the Virginians, James Monroe was also the only presidential candidate to not have to run against another party. Hence the name coined during his presidency, “the era of good feeling.” There were many successful aspects of his presidency, such as the Monroe doctrine and the Missouri compromise. In addition to these though, James Monroe was only human and he did fail in office. However, his presidency and his policies helped to shape the country into the modern day America. James Monroe was born in 1758 in Virginia. He was the last president who was an adult during the Revolutionary War, and he fought alongside Washington himself. After the war, he pursued a career in politics. He was…show more content…
One of the biggest failures during his administration was the Panic of 1819; the first economic depression in the history of the United States. This economic depression was brought on by over production and land speculation, which was caused by the national bank; during this period, deflation, bankruptcies, unemployment, and debtor prisons were common. James Monroe offered optimistic statements and not much else. Fortunately the economic depression passed on its own and people regained faith in their president. This strategy of dealing with an economic depression was adopted by future presidents, until it no longer worked, it was at that point that legislation was passed in order to save the country. The Panic of 1819, spread worry amongst some that the national bank was a precarious system, and it would lead to the end of the national bank after the charter expired during Andrew Jackson’s administration. Despite this failure on Monroe’s part by allowing the situation to get out of hand, his two terms in office are more memorable due to his accomplishments as
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