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