With the Aftermath of the Napoleonic Wars the global market for trade was down. During this time, America had its first financial crisis and it lasted for only two years.
1820 · Making States Equal
The Missouri Compromise helped provide the entrance of Maine as a free state and Missouri as a slave state into the United States. As part of the compromise, slavery was prohibited north of the 36°30′ parallel, excluding Missouri.
1827 · Slavery Becomes Illegal in New York State
During the years 1799 to 1827, New York went through a period of gradual emancipation. A Gradual Emancipation Law was passed in 1799 which freed slave children born after July 4, 1799. However, they were indentured until 25 years old for women and 28 years old for men. A law passed 1817 which freed slaves born before 1799, yet delayed their emancipation for ten years. All remaining slaves were freed in New York State on July 4, 1827.
1 English, French, German, and Dutch: from the personal name Paul (Latin Paulus ‘small’), which has always been popular in Christendom. It was the name adopted by the Pharisee Saul of Tarsus after his conversion to Christianity on the road to Damascus in about ad 34 . He was a most energetic missionary to the Gentiles in the Roman Empire, and played a very significant role in establishing Christianity as a major world religion. The name was borne also by numerous other early saints. The American surname has absorbed cognates from other European languages, for example Greek Pavlis and its many derivatives. It is also occasionally borne by Jews; the reasons for this are not clear.2 Irish: reduced Anglicized form of Gaelic Mac Phóil ‘son of Paul’. Compare McFall .3 Catalan (Paül): habitational name from any of several places named Paül.