James Monroe

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Monroe supported the founding of colonies in Africa for freed slaves that would eventually form the nation of Liberia, whose capital, Monrovia, is named in his honor. In 1823, he announced the United States' opposition to any European intervention in the recently independent countries of the Americas with the Monroe Doctrine, which became a landmark in American foreign policy. His presidency concluded the first period of American presidential history before the beginning of Jacksonian democracy and the Second Party System era. Following his retirement in 1825, Monroe was plagued by financial difficulties. He died in New York City on July 4, 1831. He has been generally ranked as an above-average president.
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