Andrew Jackson's popularity in the Democratic Party, both in the South, and West was due to his success as a general in the War of 1812 during the battle of New Orleans drove him to run for President in 1824 and 1828. His popularity gained after the “Corrupt Bargain” during the 1824 Presidential election. This election ended in a tie the first time because neither of the candidates got over 40% of the electoral vote. Jackson believed that the second round of electoral votes were rigged because most of the House was Democratic Republican and Henry Clay could sway them into voting for John Quincy Adams. John Quincy Adams won the 1824 election. Andrew Jackson’s popularity, saying that he was the “man of the people”, and the mudslinging of John …show more content…
Andrew Jackson was seen as an ineffective president during the early 1800s because of the Trail of Tears (1838-1839), the Nullification Crisis (1832) and The veto of the National Bank (1833). The Trail of Tears of 1838 was an unnecessary massacre of the Native American people, because of Jackson's inability to control his troops. The American nation could have benefited from the working with Cherokee Natives, and lived in peace with each other. The goal of the Indian Removal Act was to move Cherokee natives to the west of the Mississippi. This relocation of the Cherokee tribe happened late in the year, it was too cold as stated in this quote, “The trail of the exiles was a trail of death. They had to sleep in the wagons and on the ground without fire. And I have known as many as twenty-two of them to die in one night of pneumonia due to ill treatment, cold, and exposure” (Burnett) The objective of this act was not to kill over 4000 of them; the soldiers were not properly trained to keep the Cherokee Natives alive and from dying of hypothermia. This …show more content…
However, Andrew Jackson did not want them to pursue this course of action, leading the country into debt after his presidency. The National Bank is where the Federal government kept the nations money, the negation of this puts the money into state banks jurisdiction making it harder to pool money together to pay off debt, or pay for items the government needed. Jackson believed the National Bank was formed by the Elite to suit their selfish needs. “It raises a cry that liberty is in danger, at the very moment when it puts forth claims to powers heretofore unknown and unheard of …” (Webster). This expresses Webster's worry about the government and the negative effects of the veto of National Bank. Congress then overturned his veto and put the Third National bank into place. This led Jackson to steal all the money from the bank and then put it into the state banks. These series of actions led to the Panic of 1837. They had contracted a debt from this as stated in this quote, “a foreign debt contracted by our citizens estimated in March last at more than $30,000,000” (Independent Treasury Memo). This was the debt from the states, they could not handle the amount of money and lost a good sum of the money they had received from Jackson. The next president Martin Van Buren had trouble paying off the national debt. The state bank process was not effective because state banks may not provide the
During his second term, in the spring of 1833 after being distracted by the Nullification Crisis did he again focused on destroying the Bank. He withdraws the government’s money from the bank and was places in the state banks on September 25, 1833 by the ordered of the Treasury in the beginning of October. Biddle, in effort, countered that the Bank will ceases the offering loans nationwide which cause the nation to a near-panic since the state banks were unable to meet the demands of their loans. Despite that, Jackson becomes even more determine to stop the Bank. He pushes toward the use of “hard” currency in 1834.
Jackson and the Democratic Party believed in limiting the influence of the federal government, with more power lying with the states. While in office, Jackson used his executive power to veto laws more times than any other president before him. One of these veto choices involved allowing the Second National Bank charter to expire. Jackson believed that the national bank only helped the wealthy, not the common people in America. He removed all the money from the national bank, transferred it to the states, and let the charter expire.
What do you actually know about the man on the $20 bill? The president on the bill is President Andrew Jackson who was the 7th president of the United States. While Jackson served as the President he won the battle of New Orleans, was a common president, and increased federal power. Jackson served two terms in office. In these two terms Jackson caused a financial crisis, neglecting a court order, and killing off innocent Native Americans.
The economic development throughout the Jacksonian Period left the economy unstable for years to come, and the America faced one of the worst depression in its history. The unstable economy began with Jackson’s plan to destroy the Second Bank of the United States, which was handled by Nicholas Biddle since 1823. Jackson and his supporter were “hard money” supporter, who believed in using coin currency, and thus wanted to destroy the bank, which conducted private businesses and issued bank notes, credits and restrained less well-managed state banks. After firing two of his secretary of the treasury, Jackson appointed Roger B. Taney, who under Jackson’s order removed the government deposits. This caused a short recession and left the bank destroyed in 1836, leaving it unstable for years to come.
Andrew Jackson was the seventh president of the United States and he was one of the most memorable for his Indian removal act. He was one of the presidents who left the office with lots of effective policy that are criticized by different perspectives. At the beginning of the 1830s Andrew Jackson set the footstep for the expansion of America. The first major piece of legislation that he recommend and got pass was the “Indian Removal Act” of 1830.
This was when Jackson stopped depositing federal funds in the National bank instead the money flowed through selected state banks issued for their officers loyalty. This led to the
““I have always been afraid of the bank” “Mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges... which are employed altogether for their benefit.” He advises the public to be cautious with paper money, the irony in it is yet another reason why he should not be on the twenty dollar bill. Andrew Jackson gained control over the bank after vetoing the renewal of the bank charter. He was able to seperate the money into state banks, draining the federal bank of all its money. The bank slowly died and the circulation of money increased inflation, causing the money to be worth less.
Jackson believed that the bank was an unjust way for the federal government to have complete control over the American money supply. Because of his conservative opinions, which made him want to limit the power of the federal government, Jackson did not agree with the government having this amount of power, causing him to join several groups made up of bank critics that shared his same opinions. In his attempt to sustain the National Bank system, Jackson vetoed many bills that were created in order to give the government more power of the people’s money. His vetoes pleased many Americans as America was largely made up of conservative people in this era. Jackson knew that if he could “kill” the National Bank, it would leave the power of banking in the hands of the state governments, effectively increasing the amount of influence the people of each state had on their
(2) When Andrew Jackson signed the Indian Policy, many tribes went into a cruel path, Trails of Tears. It affects many natives to a cold-hearted death, including many treaties cut after a long history between the Americans and the natives. This policy meant losing many sorts of trust and benefits. Andrew Jackson's devastating policy paints a bigger picture of being a
President Martin Van Buren passed the Independent Treasury System (the federal government kept its money in different vaults and did business with hard money). In 1835, an uproar over slavery occurred. The North believed it was the greatest sin of all. Many petitions were sent to Congress, which angered Southern congressman. The gag rule was formed where antislavery petitions were automatically tabled with no argument.
(Attention getter). Andrew Jackson should be portrayed as a villain, he pursued and carried out the westward expansion which involved the Indian Removal Acts, his actions and policies led to other bad events like the trail of tears, and he made many bad decisions for the economy regarding the national bank. Andrew Jackson did not have a lot of experience or knowledge which could have been one of the factors that were played in these situations. He also only cared about rich white men. Only liking certain people led to seminal wars and deaths.
Andrew Jackson and his thoughts on the National bank were not very good. Andrew Jackson thought the bank held to much economic power. The national bank held all the governments silver and gold. Also the bank could print money whenever the workers wanted to when people asked for loans to buy land. Therefor on Andrew Jackson 2nd term he vetoed a bill to Increase the years of the bank.
He decided it would be a good idea to give federal money in the National Bank to the states which greatly weakened the Bank. Then these banks made lots of paper money and they couldn’t redeem it all in gold and silver. Once banks lost all of their gold and silver, they would fail. This later caused great
Andrew Jacksons opponent in the election of 1828 was John Adams and he won the candidacy. But what John Adams did during his administration was not so good. John Adams passed The Alien and Seditions acts which Outlawed the malicious writing about the
Andrew Jackson was a tough man. He even went by the name of ‘Old Hickory’. Andrew Jackson was a terrible president, but also a good president. There are many reasons why Andrew Jackson was a bad president. These are only the few reasons that we all already know or they are major events stated in US history.