Section 3-Polling Question
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Transcript of Section 3-Polling Question
A. AB. BC. CD. D
Which presidential campaign slogan do you feel is most effective?
A. A Chicken in Every Pot
B. Tippecanoe and Tyler Too
C. Are You Better Off Than You Were Four Years Ago?
D. Ross for Boss A B C D
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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
A. AB. BC. CD. D
A B C D
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Jackson attacked the Bank of the United States becauseA. it was being run by
corrupt elected officials.
B. it provided loans toall citizens.
C. it financed foreign business deals that put Americans out of work.
D. it was controlled by wealthy Easterners.
Campaign of 1832• Jackson’s opponents,
Henry ClayHenry Clay and Daniel Daniel WebsterWebster, 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-Martin Van Buren- “The bank…is trying to kill me. But I will kill it!”
• Jackson vetoedvetoed 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• All money was withdrawn and put into smaller state banks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-fairelaissez-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 HarrisonWilliam Henry Harrison, a hero of the War of 1812
• John TylerJohn 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
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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.
C. They ended the Panic of 1837.
D. They gained support from farmers and laborers rather than the wealthy elite.
The Log Cabin Campaign• Harrison and the Whigs
chose a log cabin as their symbolsymbol
• 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 PolkJames 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?
a new
law
veto
power
Bank o
f the U
nited S...
Congres
s
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A. a new lawB. veto powerC. Bank of the United
StatesD. Congress
President Jackson believed that the Bank of the United States
favo
red th
e poo
r.
favo
red th
e rich
.
should be s
upporte
d.
was
corru
pt.
25% 25%25%25%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
a se
vere
depres
sion.
econom
ic prosp
erity.
a rec
essio
n.
a peri
od of infla
tion.
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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
donkey.
elep
hant.
log c
abin.
bank.
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A. donkey.B. elephant.C. log cabin.D. bank.
Who was the first vice president to become president because the elected
president died in office?
Andrew Ja
ckso
n
Mart
in Van
Buren
Willi
am H
enry
Harriso
n
John Tyle
r
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A. Andrew JacksonB. Martin Van BurenC. William Henry
HarrisonD. John Tyler
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