Topic 10
The Age of Jackson
(and Van Buren), 1829-1840
A. Jackson: Child of the American
Revolution
B. The Inauguration The wildest
scene in
C. The Age of Jacksonian Democracy:
what was Jacksonian Democracy?
They
favored doing away with all barriers, like property qualifications, that kept
them from voting.
They
believed in driving the aristocrats, like Adams and Clay and their friends, out
of office, and giving the common folk their share of offices hence the
spoils system. (See additional comments below, Topic D. A New Day)
They
opposed powerful institutions, like the Bank of the
They
favored Indian removal.
The
tragic side to all of this is that this was democracy for white men only; no
women, blacks or Native Americans need apply.
D. New Day: The spoils system comes
to
Means
of rooting out corruption in the federal government
Having
a large turnover in office was a way to open up and ventilate the federal
government and give many qualified
people an opportunity to serve in the government.
E. Issues During
The
Five Civilized Tribes: Cherokee, Creek, Seminole, Choctaw and Chickasaw
Indian
Removal Act of 1830
A
sad episode in American history: the Trail of Tears
Tariff
Act of 1832 Reduced tariffs down to level of 1824
Most
southerners pleased, but not SC; the time to nullify federal law had arrived!
November
1832 Ordinance passed that declared the Act of 1832 and 1828 null and void
Jackson
and Vice President John C. Calhoun
Next
move up to
Sent
warships to
Proclamation
to people of SC
Force
Act Gave the president authority to use military force to enforce the tax
laws
Henry
Clay and the Compromise Tariff Act of 1833 More reductions over a 9-year
period down to the level of the Tariff of 1816.
Both
signed,
Next
move up to SC, and SC backed down, but also tried to save face
What
this crisis tells us about
It
was unconstitutional
It
was a financial monster allowed a handful of bankers to run the countrys economy
Asked
Congress to consider whether charter should be renewed
Nicholas
Biddle, the president of the Bank, and Henry Clay decided to push a bill though
Congress in 1832 to recharter the bank.
Why?
They were trying to make the Bank and issue in the campaign, in the hope that
this issue would defeat
Election
of 1832
Another
thing to remember: the Anti-Masonic Party, a training ground for many young
politicians
Economy
growing rapidly
Standing
at the heart of economic boom was a real estate boom. Real estate promoters
were making a lot of money buying land from the federal government and then
reselling for hefty profits.
Much
of the land was being bought and sold with paper bank notes issued by state
banks.
Over
time, the value of these paper notes tended to depreciate and prices of land spiraled
upward.
As
land prices went up, the prices of many other things did as well and these
rising prices created problems for the middle and lower classes.
In
short, an inflationary spiral had overtaken the country.
To
It
said: Land bought from the federal government must be paid for with gold or
silver.
Kind
of like, cars must be bought with cash!
F. Rise of the Whig Party
G. Martin Van Buren and the Panic of
1837
H. Election of 1840
Topic 10 Review