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In the 1820 election, despite economic depression, Monroe lost only one vote in the electoral college that reelected him. Late in 1823, he issued what came to be known as the Monroe Doctrine , one of the most important principles of U.S. foreign policy. Although this declaration was as much the work of Monroe's Secretary of State, John Quincy Adams, as of the President himself, the initiative for presenting it in the annual message to Congress was Monroe's.
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