Election of 1824 & the Corrupt Bargain 1. Clay supports
Adams 2. Clay = Sec. of State = 3. Stepping stone to presidency 1.
Jackson won popular vote 2.Felt Clay/Adam move was planned
Slide 4
John Q. Adams 6 th President 1825-1829 Democratic
Republican
Slide 5
Adams Presidency Many Americans saw Adams vision of a might
nation led by a strong president as a threat to individual
liberties and issue of slavery. Some believed he allowed too much
political control to be held by elites. Some objected to his
support of national economic development on constitutional grounds;
via tariffs Adams believed a strong, active central government was
necessary. A national university. An astronomical observatory. A
naval academy.
Slide 6
Adams Presidency He supported the land rights of Native
Americans against white settlers. 1825 govt. officials negotiated a
treaty with a group of Creek Indians to cede their land rights to
GA. The Creek Indians appealed to Adams to renounce the treaty.
Congress sided with the governor of GA. His land policies gave
westerners another reason to dislike him. He attempted to curb
speculation for public lands his opponent accused him of denying
their individual rights and freedoms to expand westward
Slide 7
The New Popular Democratic Culture 1.Recognition name of the
game 2.Parades and dirty tricks 3.Politicians out in communities
4.Party loyalties 5.Newspaper helped the process 6.Serious
mudslinging!
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Voting Requirements in the Early 19c
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Voter Turnout: 1820 - 1860
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Campaigning on the Stump
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Election of 1828 - Popular democracy at its finest -Man of the
people vs. the aristocracy - All regions unite to support him
Slide 12
Old Hickory Age of the Common Man Old Hickory Age of the Common
Man Democrat 1828-1836
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Jacksons Inauguration!
Slide 14
Jackson: Anything but Common Democrat 1.Rags to riches
2.Military hero a. Revolutionary War b. War of 1812 3. Undemocratic
Old Hickory a. Hated natives b. Slave owner 4. Little political
experience
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To the victor belong the spoils Jacksons Kitchen Cabinet
Slide 17
Issue with Tariffs Tariff of 1816 on imports of cheap textiles.
Tariff of 1824 on iron goods and more expensive woolen and cotton
imports. Tariff of 1828 higher tariffs on imported raw materials
[like wool & hemp]. Aka Tariff of Abominations Supported by
Jacksonians to gain votes from farmers in NY, OH, KY. The South
alone was adamantly against it. As producers of the worlds cheapest
cotton, it did not need a protective tariff. They were negatively
impacted American textiles and iron goods [or the taxed English
goods] were more expensive! South doesnt manufacture; therefore,
they have to buy those needed products at a higher price. No
bueno!
Slide 18
The Nullification Crisis 1. Tariffs & Sectionalism: Whos
for? Whos against? 2. North a. Supported by merchants b. Increases
sales of American made goods 3. South a. Feared tariff retaliation
on cotton b. Luxury goods prices would increase 4. Tariff of
Abomination (1828) a. Supported by North & Jackson b. South
unconstitutional; hardest hit c. May pass other unconstitutional
laws
Slide 19
The Nullification Crisis 5.Nullification Doctrine a. Protects
rights of minority (south) b. Is a threat to national unity (AJ) c.
The S.C. Exposition: Pamphlet proposing states nullify tariff of
1828; Written by VP J.C. Calhoun 6.Force Bill Allowed govt to
collect taxes at gun point since S.C. refused 7.Tariff of 1833,
proposed by Henry Clay, gradually lowers tariffs
Slide 20
Sectional Leaders Daniel Webster Henry Clay North West John
Calhoun South
Slide 21
House Vote on Tariff of 1828 ] ForAgainst New England1623
Middle States (New York, New Jersey, Pennsylvania, Delaware) 566
West (Ohio, Indiana, Illinois, Missouri, Kentucky) 291 South464
Total10594 Free States8829 Slave States1765
Slide 22
Tariff of Abominations
Slide 23
Indian Removal (1830) 1.Policy of assimilation and relocation,
by force if necessary. 2.treaties: mostly underhanded 3.Cherokee a.
Most assimilated b. Cherokee Nation v. Ga & Worcester v. Ga. i.
as dependent nations, states cannot make natives give up there
lands ii. Jackson ignores the verdict and supports the states c.
Trail of Tears (1838) Demonstrated the unfairness of majority
rule
Slide 24
Indian Removal Act 1830
Slide 25
Trail of Tears (1838-1839)
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The Bank War (1832) 1.Function of Second Bank of the U.S : a.
Held govts money b. Sold bonds c. Gave commercial loans d.
Controlled state banks; i. repaid by state banks w/ hard currency
2.Problem? a. No national currency = b. Too many different
currencies at different values c. Too much power d. Still a private
institution
Slide 29
The Bank War 3.Opponents to banks a. Farmers/urban worker
i.restrict loans ii.Call in loans (the loans need to be repaid
sooner) = recession b. Pres. Jackson i.Unconstitutional ii.Banks
harmful to states rights iii.Banks worked for the elites iv.Vetoed
bank charter v.Helped in election 1832 vi.Favored pet banks= state
banks Jackson removes govt money from US bank = death of the
National bank.
Slide 30
The Bank War 4.LTC of nonrenewal of bank charter a.Ended Clays
American system b.Laissez-faire economics: govt does not get
involved with business; let supply and demand control the economy
c.Permanent two party system opposition d.Banks at state level =
too much speculation and credit
Slide 31
Opposition to the 2 nd B.U.S. Soft (paper) $ Hard (specie) $
state bankers felt it restrained their banks from issuing bank
notes freely. supported rapid economic growth & speculation.
felt that coin was the only safe currency. didnt like any bank that
issued bank notes. suspicious of expansion & speculation.
Slide 32
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The Bank & the 1832 Election Jackson saw Biddles pushing
forward a bill to renew the Banks charter earlier as an attempt to
block his re- election! Biddle & his associates preferred Clay.
Jackson refused to sign the bill to re-charter. The Bank is trying
to destroy me, but I will destroy it! Jackson drops Calhoun and
runs with Martin Van Buren. BUT, both parties [Democrats &
Whigs] had contradictory positions regarding their party
principles, to many of the issues of the day!
Slide 34
Positions on the Key Issues of 1832 National Republicans
DEMOCRATSDEMOCRATS Less concerned about the widening gap between
rich and poor. Opposed liberal capitalism because they believed it
would lead to economic chaos. Strong national govt. to coordinate
the expanding economy was critical. Opposes Indian removal. Favored
tariffs. Supported a National Bank. Felt the widening gap between
rich and poor was alarming. Believed that bankers, merchants, and
speculators were non-producers who used their govt. connections to
line their own pockets. Govt. should have a hands- off approach to
the economy to allow the little guy a chance to prosper. For Indian
removal. Oppose tariffs. States rights. Oppose federal support for
internal improvements. Opposed the National Bank.
Slide 35
1832 Election Results
Slide 36
The Specie Circular (1836) Speculators created wildcat banks
that fueled runaway inflation. So, buy future federal land only
with gold or silver. This move shocked the system. Jacksons goal to
curb land speculation.
Slide 37
Results of the Specie Circular $ Banknotes loose their value. $
Land sales plummeted. $ Credit not available. $ Businesses began to
fail. $ Unemployment rose. The Panic of 1837! The Panic of
1837!
Slide 38
The Panic of 1837 Hits Everyone!
Slide 39
The Panic of 1837 Spreads Quickly!
Slide 40
The 1836 Election Results
Slide 41
The Whigs & the Election of 1836 William Harrison Whig
Martin Van Buren Democrat
Slide 42
Democrats 1. Democrats a.Think TJ & Democratic- Republicans
b.Small farmers c.South and west d.Expansion? James Polk Van Buren
Jackson
Slide 43
Whigs a.Think Hamilton and Federalists b.Clays American System
i.Banks ii.Transportation systems iii.Tariffs c.Strong govt;
intervention d.Religion and self-discipline important Henry Clay
Zachary Taylor William H. Harrison
Slide 44
Panic of 1837 1.Causes a. End of 2nd national bank b.
Speculative boom esp. by foreign investors c. Too many new loans at
state level not backed by specie (gold/silver) d. Contraction of
credit by foreign investors; called in loans e. Price of cotton and
grains increases f. Too much paper money g. Implementation of the
specie circular 2. Trickle effect of any recession? UNEMPLOYMENT!
3.Van Buren passes Independent Treasury Bill; a banking system
independent of the federal government = what will become of the
Federal Reserve System
Slide 45
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Americans in Texas! 1.Legal settlement by Amer.
(conditional)Stephen Austin a. Formal contracts b. Amer. to become
Mexican citizens c. convert to Catholicism d. Slavery allowed 2.
Pop: more Amer. than Mex. 3. Mex. Govt turns on Amer. a.Outlaws
slavery b.Impose taxes 4.Increase anti-Mex sentiments 5.1836:
Texans declare independence
Slide 47
Americans in Texas! 6. Remember the Alamo! a.1836 defeat of
Americans at the Alamo by Santa Anna b.Americans redeem themselves
in the spring of 1836 and win over Gen. Santa Ann 6.Treaty of
Velasco w/Gen. Santa Anna = border at Rio Grande; Mex. Congress
rejects it 7.Republic of Texas 1836- 1845; slavery an issue for
statehood 8.Statehood: Dec. 1845
Slide 48
Campaign of 1840 1.80% voter turnout 2.Reached out to everyday
people 3.Was vague re: stance on issues of the day 4.Dies one month
into presidency Harrison Whig Martin Van Ruin Democrat
Slide 49
Harrison out John Tyler In Democrat
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The Expansion and Limits of Suffrage 6.Two-Party System Whigs
(later the Republicans) and Democrats; both stem from the
Jeffersonian Republican 1.Western expansion = a.More states = more
opportunities for voter participation b.Changing from traditional
voting structure 2.Able to fight but not vote. Say whaaat!! 3.By
1840, 90% adult male allowed to vote 4.Time of the common man?
5.More voting than in any other country; landless and poor able to
vote