Which presidential campaign slogan
do you feel is most effective?
A. A Chicken in Every Pot
B. Tippecanoe and Tyler Too
0%
0%
0%
D
A
B
C
D
C
0%
A
D. Ross for Boss
A.
B.
C.
D.
B
C. Are You Better Off Than
You Were Four Years Ago?
Chapter 11 The Jackson Era
(1824-1845)
Section 3 Jackson and the Bank
How do economic issues affect the
president and presidential elections?
The National Bank
• Andrew Jackson hated
the Bank of the United
States
• Jackson felt it helped the
wealthy Easterners
• The bank was a powerful
institution that held the
federal governments
money
• The Bank’s president,
Nicholas Biddle,
represented everything
Jackson disliked
• Jackson was a self made
man while Biddle was
born into a wealthy family
Jackson attacked the Bank of the United States
because
A. it was being run by
corrupt elected officials.
B. it provided loans to
all citizens.
D.
0%
D
C
B
A
C.
A. A
it financed foreign
B.
B
0%
0%
0%
business deals that
put Americans out of work.
C. C
it was controlled by wealthy Easterners.
D. D
Campaign of 1832
• Jackson’s opponents,
Henry Clay and Daniel
Webster, were friends of
Biddle
• Clay and Webster planned
to use the Bank to defeat
Jackson
• They persuaded Biddle to
apply for an early charter
(The old one did not expire
until 1836)
• Clay and Webster felt that if
Jackson vetoed the charter
it would lead to his defeat
• Clay could then be elected
president
The Bank’s Charter
• When the bill to renew the
Bank’s charter came to
Jackson to sign, he was
sick in bed
• Jackson told his friend
Martin Van Buren- “The
bank…is trying to kill me.
But I will kill it!”
• Jackson vetoed the bill
• Jackson felt the Bank was
unconstitutional (Contrary
to McCulloch v. Maryland)
• “The laws… make the rich
richer”
The Election of 1832
• The plan for gaining
support for Clay
backfired
• Most people supported
Jackson’s veto
• Jackson was reelected
• Jackson chose to “kill”
the Bank ahead of the
1836 schedule
• All money was withdrawn
and put into smaller state
banks
• In 1836 he refused to
sign a new charter for the
Bank, and it closed
Election of 1836
• Jackson decided not to
run for a third term and
the Democrats chose
Martin Van Buren
• A new party, the Whigs,
nominated three
candidates (Each had a
following in different
parts of the country)
• Jackson’s popularity
helped Van Buren win
easily
• Shortly after Van Buren
became president, the
country entered a severe
economic depression
The Panic of 1837
• The depression began
with the Panic of 1837
• Land values dropped,
investments declined,
and banks failed
• 1000s of businesses
closed and people lost
jobs
• In the South, cotton
prices dropped to
record lows
• Farmers went into debt
and lost their land
• In the cities, many
could not afford food or
rent
President Van Buren
• Believed in laissez-faire (Like
Jefferson)
• Van Buren persuaded
Congress to establish an
independent federal treasury in
1840
• The government will not
deposit money in private banks
(Like they did under Jackson)
• The private banks had used
government funds to back their
banknotes
• The new treasury system
would keep this from
happening and avoid crises
• Van Buren’s own party along
with the Whigs criticized the
act
The Whigs
• The Whigs nominated
William Henry Harrison, a
hero of the War of 1812
• John Tyler, a planter from
Virginia, was Harrison’s
running mate
• Harrison won national fame
for defeating Tecumseh’s
followers at the Battle of
Tippecanoe
• The Whig’s used the slogan
“Tippecanoe and Tyler Too”
• To win the election Harrison
had to gain support from the
laborers and farmers who
supported Jackson
What was the reason the Whigs won the 1840
election?
A. They made a “corrupt bargain”
with Henry Clay to steal the
presidency.
B. The Democrats split over
Van Buren.
D.
0%
0%
D
0%
B
C.
A
0%
C
A. A
B.
B
They ended the Panic of 1837.
They gained support from farmers C. C
and laborers rather than the wealthyD.
elite.
D
The Log Cabin Campaign
• Harrison and the Whigs
chose a log cabin as their
symbol
• Harrison was rich, but
wanted to look like a “man
of the people”
• The Whigs criticized Van
Buren as “King Martin” that
spent the peoples money on
fancy furniture for the White
House
• The Log Cabin Campaign
worked- Harrison won by a
wide margin
• Harrison became the first
Whig president
Harrison’s Inauguration
• Inauguration day
1841- bitter cold
• Harrison insisted
on giving his
speech without a
hat or coat
• He died 32 days
later
• Served the
shortest term of
any American
President
• VP John Tyler
became president
Tyler’s Presidency
• John Tyler had once been a
Democrat
• The Whigs added him to the ticket
with Harrison to attract Southern
voters
• Tyler vetoed many Whig sponsored
bills (Including a recharter of the
Bank)
• His lack of party loyalty outraged
many Whigs
• Whig leaders in Congress expelled
Tyler from the party
• The Whigs could not agree on their
party’s goals
• They voted according to sectional ties
• Henry Clay (Now a Whig) lost the
election of 1844 to Democratic
candidate James Polk
How do economic issues affect the
president and presidential elections?
- Closing of the Bank
- The Panic of 1837
- Economic depression
Chapter 11 Section 3 Quiz
What did Henry Clay and Daniel Webster
use to try to defeat Andrew Jackson in the
1832 presidential election?
25% 25% 25% 25%
gr
es
s
C
Un
i
e
th
of
k
on
S.
..
te
d
po
w
to
ve
an
B
a
ne
w
la
er
w
A. a new law
B. veto power
C. Bank of the United
States
D. Congress
President Jackson believed that
the Bank of the United
States
25% 25% 25% 25%
t.
w
as
co
pp
or
te
su
be
ld
ou
sh
rr
up
d.
h.
ric
th
e
vo
re
d
fa
fa
vo
re
d
th
e
po
or
.
A. favored the poor.
B. favored the rich.
C. should be
supported.
D. was corrupt.
Two months after President Martin Van
Buren took office, the country went into
25% 25% 25% 25%
.
io
n
of
re
c
es
in
fla
t
si
o
rit
y
pe
r io
d
a
a
ec
on
om
ic
pr
os
pe
si
de
pr
es
e
ve
r
se
a
n.
.
on
.
A. a severe
depression.
B. economic
prosperity.
C. a recession.
D. a period of inflation.
As their symbol in the election
of 1840, the Whigs adopted the
25%
ba
nk
.
.
lo
g
ca
bi
n
nt
.
ep
ha
el
nk
ey
.
donkey.
elephant.
log cabin.
bank.
do
A.
B.
C.
D.
25% 25% 25%
Who was the first vice president to
become president because the elected
president died in office?
25% 25% 25% 25%
W
ill
ia
M
m
He
n
ar
tin
le
r
Ty
hn
Jo
ry
Va
n
Ha
rr
is
Bu
re
n
on
ks
Ja
c
re
w
nd
A
on
A. Andrew Jackson
B. Martin Van Buren
C. William Henry
Harrison
D. John Tyler
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