Essential Question: –How effective was Andrew Jackson as 7 th president of the United States?...
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Transcript of Essential Question: –How effective was Andrew Jackson as 7 th president of the United States?...
Essential Question:
–How effective was Andrew Jackson as 7th president of the United States?
Reading Quiz Chapter 13
Peggy Eaton Affair Jackson presidency began rough:
–Jackson & VP Calhoun feuded –In addition, all cabinet members
resigned over disagreement with Jackson regarding moral character of Sec of War’s wife
Jackson forced to reorganize cabinet; begins to rely on his “Kitchen Cabinet”—close friends & unofficial advisors
Only Sec of State Martin Van Buren remained loyal to Jackson
Maysville Road ProjectJackson supported building
projects if they were national…he did not like spending federal money for state projects
In 1830, Jackson vetoed funds for the Maysville Road project because it lie totally in Kentucky (home of Clay, who he never forgave for the “corrupt bargain”)
The Nullification CrisisBy 1820, South anxious about
federal powers over states:–VP Calhoun was the leader of
the defense of states’ rights–Wanted to protect slavery &
hated industrial protective tariffs –After the Tariff of 1828Tariff of 1828 passed,
the South affirmed nullificationnullification, the right of an individual state to ignore federal law
“Tariff of Abominations”
The Nullification CrisisWhen the Tariff of 1832 passed,
SC invoked nullification which Jackson viewed as a treasonous threat to the Union–Threatened to send the army;
Congress passed the Force BillForce Bill to make SC collect tariff taxes
–Compromise Tariff of 1833 lowered the tariff rate & SC withdrew nullification
Another compromise made by Henry Clay
The Nullification CrisisSignificance of Nullification Crisis:
–SC’s argument implied states’ right to declare federal laws void but also the right of successionright of succession
–More than any other president, Jackson asserted that the central gov’t is supreme & was willing to use force to preserve federal authority
Webster-Hayne DebateSectional rivalries were evident by
1830: NE vs. West vs. SouthIn 1829, a NE Senator proposed
a bill to slow western land sales because it upset the balance of power NE enjoyed in Congress–Hayne (SC) spoke against NE
disloyalty in War of 1812 & the “Tariff of Abominations” but praised the idea of nullification
Webster-Hayne DebateWebster:
–An ex-Federalist spoke on behalf of NE, decried nullification, & supported the power of the Supreme Court over the states
–He insisted that the people wrote the Constitution, not the states…“We the people…”
–Gave a sounding cry to “Union”
“Liberty and Union, now and forever, one & inseparable”
Indian RemovalGA, AL, MS were disappointed
with JQ Adams’ slow movement in dealing with Indians; Jackson promised to act quickly
Real obstacle to Indian removal was refusal of Cherokee to leave:
–“Uncivilized” label did not apply
–Republican gov’t, Sequoyah’s writing, agrarian life-style
Indian RemovalState gov’ts assumed authority
over Indian tribes even if actions defied Constitution & treaties
Jackson supported the states & asked Congress for Indian Removal Act of 1830Removal Act of 1830
But…the Supreme Court in Worcester v GAWorcester v GA ruled that the states have no authority over Indian tribes (“domestic nations”)
Georgia defied the Supreme Court’s decision
Jackson supported GA’s defiance: “Marshall has made his decision,
now let him enforce it”
The Bank WarSecond Bank of the US (1816)
served many positive functions:–Held gov’t money (~$10 million)–Sold gov’t bonds & made loans
to people & businesses –Most importantly: the BUS
controlled state banks by forcing them to be smart when issuing loans
2nd BUS had 30 branches & was biggest bank in America
State banks had tendency to issue more loans than they could support with their “hard currency” reserves
Mr. Biddle's BankBut the BUS was controversial:
–Blamed for the Depression of 1819 by overextending credit & too quickly calling back loans
–Many people still viewed the BUS as an unconstitutional monopoly that gave too much power to the upper class
–Manager Nicholas Biddle was effective but arrogant, vain, & seen as “aristocratic”
The Bank VetoSince entering office in 1828,
Jackson disliked the BUSBiddle began to worry about the
renewal of Bank’s charter in 1836 & wanted to re-charter it in 1832
Congress approved the re-charter but Jackson vetoed the bill:– Claimed it unconstitutional,
violated states’ rights, & “dangerous to people’s liberties”
With none other than Speaker of the House Henry Clay’s supportCongress was unable
to override the veto
The veto did not immediately kill the BUS…its charter will
not end for 4 more years
The Election of 1832Jackson veto surprised the
financial community but was very popular in the South & West
Jackson made the Bank a key issue in election of 1832:
–Jackson defeated Henry Clay
–Jackson viewed his win as a mandate by the people to continue war against the Bank
Killing the BankJackson attacked the BUS by
withdrawing federal money & moved funds to 23 state banks
Jackson’s opponents argued that he overstepped his authority:–Unpopular in Jackson’s cabinet–Some Congressional supporters
of the veto now questioned whether Jackson had gone too far & overstepped his powers
Favorable state banks were called “pet” or “wildcat” banks
This move effectively ended Clay’s American System
Killing the BankBy 1836, the economy sunk due
to inflation & no state bank control Jackson was alarmed by the
widespread use of paper money & issued Specie CircularSpecie Circular:–The gov’t will only accept hard
money for land sales–The sharp withdraw of credit led
to the Panic of 1837Panic of 1837 & a 6-year recession
…and Jackson’s successor, Martin Van Buren, will
have to deal with
The Emergence of the WhigsAn upset coalition opposed to
Jackson formed the Whig PartyWhig Party:–Supported by ex-Federalists,
“Clay Republicans,” planters in south & businessmen in north
–The Whigs defended an activist gov’t in the economy
Gained support during the Panic of 1837 & “Van Ruin’s” lack of success in ending the recession
“King Andrew”