Name: _______________________________
USVA History
Chapter 7.4 – States’ Rights and the National Bank
Main Idea – Andrew Jackson confronted two important issues during his presidency – states’ rights concerning the tariff issue and the existence of the national bank.
Background: first protective tariff (tax on _________________ goods) passed in 1816 o Designed to protect American ____________________ from foreign competition o Disliked by _________________ states = agricultural economy, not industrial
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Tariff of 1828 (aka “_______________________________”) – raised tariff to a new high o ___________________________________ (Vice-President) opposed to the tariff
 thought the tariff only benefitted the North, while the South suffered due to higher price of goods
 developed “_________________________________” – def. = a state had the right to reject a federal law if that state believed it was unconstitutional o ____________________________________ (President) – argued that the Union must be preserved, meaning the law had to be enforced o Calhoun and Jackson never worked together again
__________________________ (1832) – conflict between ________________________ and Andrew Jackson o South Carolina nullified Tariffs of ________________ and _____________ o South Carolina threatened to __________________, or withdraw, from the Union o Jackson signed the __________________ – def. – allowed the federal government to use the military to enforce federal law and collect tariff ___________________ o Resolved by ___________________ – new rates would lower the tariff over time

Jackson hated the national bank - argued that the bank helped only the _______________ o Jackson _________________ the new bank charter in 1832 o Jackson deposited all national bank money into “____________________” – def. state banks run by loyal Democrats o SIG – led to the formation of the __________________ Party
 hated Andrew Jackson
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Leader = ____________________
 Whigs devoted to Henry Clay’s __________________________________ o SIG – led to the ____________________________ = severe economic depression
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Pet Banks issued worthless currency
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Jackson passed the ___________________________ – def. – federal lands could only be bought or sold using gold and silver
 banks failed and closed, people lost savings, unemployment reached ____
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_______________________ = Jackson’s successor as president, won Election of 1836 o His administration was hurt by the Panic of 1837
________________ – Martin Van Buren (Democrat) vs. William Henry Harrison (Whig) o William Henry Harrison = military general and war hero – won election
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Used a new _______________________________________________
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Slogan – “____________________________________________!”
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Appealed to ____________ - Log Cabin and Hard Cider Campaign
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___________________ in office after 1 month