Chapter 11 Lecture Outline The Jacksonian Era © 2013 W. W. Norton & Company, Inc. Andrew Jackson and the National Bank Setting the Stage • Jackson and the Nation He Inherited – – – – – America was growing fast Land was being purchased Farmers in debt US now at 24 states/13 million people AJ candidate for the “common people” • Appointments and Rivalries – Believed best to have politicians serve in every branch of office – Office holders would come back to previous occupation Setting the Stage • Internal Improvements – Jackson would embark on a campaign against internal improvements that only benefited a particular state – He would continue funding interstate projects. Nullification • Calhoun’s Theory – Support theory of nullification – Nullification: ability of a state to declare null and void an act of Congress that is it did not like – Due to economic impact of South Carolina from Tariff of 1828 • The Webster-Hayne Debate – Sharpened divide between North and South – Led clear path to Civil War – Debated over theory of Nullification Nullification • The Rift with Calhoun – Separation between 2 on issue of nullification – Calhoun resigned from VP to take a seat in the Senate to rep SC • The South Carolina Ordinance – Pressed nullification crisis more when it nullified tariffs of 1828 and 1832 – Also refused federal tax collectors to do their job in SC Nullification • Jackson’s Firm Response – AJ refused to accept SC’s position – Claimed policy treason – Let SC know that he would make sure that the tariffs be collected • Clay’s Compromise – SC was alone against the fed. govt. – Proposed to slowly reduce the tariff rates until 1842 – Gave SC opportunity to avoid their dilemma Jackson’s Indian Policy • Indian Removal – 1830 Congress passed the Indian Removal Act – Swapped lands that Indians were currently living in for federal land west of the MI – Very few tribes resisted • The Trail of Tears – Cherokees of GA required to move out West – Would lose 9k members of the tribe over their 800hundred mile walk to what is now present-day OK Jackson’s Indian Policy The Bank Controversy • The Bank’s Opponents – AJ believed only in hard currency (i.e. coins) – Opposed the Bank of the US – Supported by many state and local banks • The Recharter Effort – Attempted to make this an election issue – Wanted it to be readopted in 1832 instead of 1836 when charter was due to expire – AJ vetoed the bill and Congress did not have the votes to override it Contentious Politics • Campaign Innovations – Election of 1832 was 1st to have a 3rd-party run for office and 1st to hold a nominating convention to choose the party’s delegates – National Repubs chose Henry Clay – Democrats renominated AJ – Jackson won 2nd term • The Removal of Government Deposits – AJ further deflated power of US Bank – Stopped all payments and spent all remaining funds Contentious Politics • Fiscal Measures – Without govt. control over US Bank, cheap $ threatened to flood market – to try and address this, govt. passed series of laws limiting transactions in certain areas to hard $ only • Economic Panic in 1837 – Slowdown in GB during mid 1830s would lead foreign investors to pull their gold and silver out of the American market Van Buren and the New Party System • The Whig Coalition – National Repubs changed name to the Whigs b/c of AJ’s “tyrannical” actions – Whigs= party of the people in GB • The Election of 1836 – Democrats nominated Martin Van Buren – Whigs nominates William Henry Harrison – Van Buren won Van Buren and the New Party System • The Panic of 1837 – Widespread by time Van Buren came into office • An Independent Treasury – Van Buren called for the creation – Govt. would control it own funds and not rely on systems like the Bank of the US – Won proposal but repealed the the following year Van Buren and the New Party System • The “Log Cabin and Hard Cider” Campaign – Democrats tried to paint Harrison as a man willing to spend his days in a log cabin drinking hard cider – Plan backfired and made him look like the “man of the people” – Won election Van Buren and the New Party System Assessing the Jackson Years • Ideal of republican virtue – Jackson’s time in office returned to the fed. Govt. – Gave power back to a centralized govt. – # of eligible voters trippled This concludes the lecture PowerPoint Presentation for Chapter 11 The Jacksonian Era Visit the StudySpace for more resources: http://wwnorton.com/college/history/america9/brief/ © 2013 W. W. Norton & Company, Inc.