Era of Good Feelings: Years marked by a spirit of nationalism, optimism, and goodwill. Federalists faded into oblivion and Monroe's party adopted some of their policies. Throughout the era, there had been heated debated over tariffs, the national bank, internal improvements, and public land sales. Sectional tensions over slavery was becoming more apparent. The actual period of "good feelings" may have lasted only from the election of 1816 to the Panic of 1819.