In creating a new nation, the United States also had to create a financial system from scratch. During the period from the Revolution to the Civil War, the country experimented with numerous options. Although the Constitution deliberately banned the issuance of paper money by either Congress or the states, states indirectly reclaimed this power by incorporating state-chartered banks with the ability to print banknotes. These provided Americans with a medium of exchange to facilitate trade and an expansionary money supply to meet the economic needs of a growing nation. The federal government likewise entered into the world of money and finance with the incorporation of the First and Second Banks of the United States. Not only did critics challenge the constitutionality of these banks, but contemporaries likewise debated whether any banking institutions promoted the economic welfare of the nation or if they instead introduced unnecessary instability into the economy. These debates became particularly heated during moments of crisis. Periods of war, including the Revolutionary War, the War of 1812, and the Civil War, highlighted the necessity of a robust financial system to support the military effort, while periods of economic panic such as the Panic of 1819, the Panics of 1837 and 1839, and the Panic of 1857 drew attention to the weaknesses inherent in this decentralized, largely unregulated system. Whereas Andrew Jackson succeeded in destroying the Second Bank of the United States during the Bank War, state-chartered commercial banks, savings banks, and investment banks still multiplied rapidly throughout the period. Numerous states introduced regulations intended to control the worst excesses of these banks, but the most comprehensive legislation occurred with the federal government’s Civil War-era Banking Acts, which created the first uniform currency for the nation.
Sharon Ann Murphy
Lindsay M. Chervinsky
From 1775 to 1815, empire served as the most pressing foreign relationship problem for the United States. Would the new nation successfully break free from the British Empire? What would an American empire look like? How would it be treated by other empires? And could Americans hold their own against European superpowers? These questions dominated the United States’ first few decades of existence and shaped its interactions with American Indian, Haitian, Spanish, British, and French peoples. The US government—first the Continental Congress, then the Confederation Congress, and finally the federal administration under the new Constitution—grappled with five key issues. First, they sought international recognition of their independence and negotiated trade deals during the Revolutionary War to support the war effort. Second, they obtained access to the Mississippi River and Port of New Orleans from Spain and France to facilitate trade and western settlement. Third, they grappled with ongoing conflict with Indian nations over white settlement on Indian lands and demands from white communities for border security. Fourth, they defined and protected American neutrality, negotiated a trade policy that required European recognition of American independence, and denied recognition to Haiti. Lastly, they fought a quasi-war with France and real war with Great Britain in 1812.
Alison L. LaCroix
Federalism refers to the constitutional and political structure of the United States of America, according to which political power is divided among multiple levels of government: the national level of government (also referred to as the “federal” or “general” government) and that of the states. It is a multilayered system of government that reserves some powers to component entities while also establishing an overarching level of government with a specified domain of authority. The structures of federalism are set forth in the Constitution of the United States, although some related ideas and practices predated the founding period and others have developed since. The balance between federal and state power has shifted throughout U.S. history, with assertions of broad national power meeting challenges from supporters of states’ rights and state sovereignty. Federalism is a fundamental value of the American political system, and it has been a controversial political and legal question since the founding period.
Loyalists supported the British cause and loyalty to the British sovereign during the American War for Independence. Their motivations were quite varied. A few enunciated a clear and sophisticated Loyalist ideology that privileged stability, constitutional restraint, and the benefits of membership in an empire. Others simply valued loyalty, while others chose the side they saw as more trustworthy or even the side they thought could best protect them in a raging civil war. Loyalists included white men and women of all ranks and occupations as well as Native Americans who allied with the British and enslaved Africans who resented their owners and saw the British as true, or at least possible, supporters of freedom and liberty. Their support helped Britain’s war effort considerably. But Britain never trusted or fully used its Loyalist allies, and after the war, Britain offered Loyalists only limited financial support. The majority reintegrated into the new United States, promising to be good citizens and to support the national project they had opposed. An unhappy minority became refugees who spread out across the world.
Gregory D. Smithers
Settler colonial studies have enjoyed rapid growth as a field of scholarly inquiry since the 1990s. Scholars of settler colonialism distinguish it from other forms of colonialism—for example, extractive, planation, or trade colonialism—by positing that settlers move en masse to foreign lands with the intention of staying or permanently settling. Settlers therefore covet the land, not the labor, of Indigenous people, a structural dynamic that precipitates the “elimination” of Indigenous communities. Settler colonial studies have proven particularly germane to analysis of the Anglophone world during the 19th and 20th centuries, and to the study of global systems and transnational histories. While elements of settler colonial studies can illuminate historical understanding of North American history since 1492, the diversity of historical experiences in what became the United States means that American historians have approached this body of scholarship with caution. As is the case with any theoretical construct, historians are well advised to engage settler colonial studies with an active and critical eye before considering how they might best incorporate it into their teaching and research.
Kelly A. Ryan
Patriarchy profoundly affected social relations and the daily lives of individuals in early America by supporting the elaboration of both racial differences and sexual hierarchies. Patriarchal ideals held that men should supervise women and that economic, sexual, legal, and political power rested with men. Laws and religious practices demanded women’s subordination to men, and governmental and extralegal controls on women’s sexual and familial lives buttressed patriarchal ideals and practices by enforcing their dependence on white men. Women played a variety of roles within households, which differed according to region, race, generation, and condition of servitude. Marriage was central to the delineation of white women’s roles, and slavery was critical to developing ideas and laws affecting African American women’s place in society. Interactions with Europeans brought patriarchal influences into native women’s lives. Indian servitude and slavery, European missionary efforts, and cross-cultural diplomacy resulted in the transmission of patriarchal practices that undermined Indian women’s access to political, sexual, economic, and religious power Women gained esteem for fulfilling their duties within the household and community, while others resisted patriarchal customs and forged their own paths. Some women served as agents of patriarchy and used their status or positions to oppress other women. White women often held power over others in their households, including servants and slaves, and in the early republic some of the public sphere activities of middle-class white women targeted the homes of Native Americans, African Americans, and poor women for uplift. Other women resisted subordination and found autonomy by pursuing their own goals. Sexuality was a critical arena in which women could breech dictates on behavior and advance their own agenda, though not always without consequences. Women in urban communities found greater economic opportunities, and some religious communities, like the Society of Friends, allowed women a larger role in decision making and religious speech. Though patriarchal structures would change over time, the idea of men as the leaders of the household and society was remarkably resilient through the 19th century.