ch.9 the age of jackson section 2- jackson’s administration sectional differences increase...
TRANSCRIPT
![Page 1: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/1.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Sectional Differences Increase States’ Rights Debate Jackson Attacks the
BankPanic of 1837
•Many Americans views of Jackson’s policies depended on where they lived
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
•Jackson opposed 2nd Bank of U.S.
• 2nd Bank had 20 yr charter as federal governments financial agent
• Jackson thought bank was unconstitutional
• McCulloch v. Maryland ruled bank constitutional
• Jackson weakened bank by moving most funds to state banks
• These banks loaned money at easy credit terms – this led to inflation
Nullification Crisis
The Hayne-
Webster Debates
•Jackson did not run for president in 1836
• Jackson supported his VP Martin Van Buren and he won
• Whig Party forms in 1834 but cannot defeat Van Buren
• After Van Buren took office a severe economic depression occurred
• Panic of 1837 was fault of Jackson’s economic policies but Van Buren got blamed
• Whigs stand with William Henry Harrison & defeat a weakened Van Buren in 1840
Three Regions Emerge
Tariff of Abominations
North- trade & manufacturing
economy
Jackson Responds
South – farming &
slave based economy
West – frontier economy just
emerging
Northern business
demand tariff on foreign
goods
John Quincy Adams signs
Tariff of Abominations
Tariff added fuel to
growing sectional
differences
VP Calhoun joined south in protest of
tariff
Calhoun argued state
power greater than federal
power
Calhoun resigns as VP replaced by Martin Van
Buren
Haynes argued
nullification was lawful protest of
federal law
Webster argued welfare of nation
overrides individual states Jackson urges
Congress to lower tariff-
not enough for SC
Jackson gets Force Bill,
Clay makes a compromise. Crisis settled
![Page 2: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/2.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Sectional Differences Increase
•Many Americans views of Jackson’s policies depended on where they lived
• Many Americans views of Jackson’s policies depended on where they lived
Cotton Plantation
South
Boston Wharf
North
Frontier
West
![Page 3: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/3.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Sectional Differences Increase
•Many Americans views of Jackson’s policies depended on where they lived
Three Regions Emerge
North- trade & manufacturing
economy
Three Regions Emerge
North- trade & manufacturing
economy
![Page 4: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/4.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Sectional Differences Increase
•Many Americans views of Jackson’s policies depended on where they lived
Three Regions Emerge
North- trade & manufacturing
economy
South – farming &
slave based economy
South – farming &
slave based economy
![Page 5: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/5.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Sectional Differences Increase
•Many Americans views of Jackson’s policies depended on where they lived
Three Regions Emerge
North- trade & manufacturing
economy
South – farming &
slave based economy
West – frontier economy just
emerging
West – frontier economy just
emerging
![Page 6: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/6.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Sectional Differences Increase
•Many Americans views of Jackson’s policies depended on where they lived
Tariff of Abominations
Northern business
demand tariff on foreign
goods
Northern business
demand tariff on foreign
goods
Tariff of Abominations
![Page 7: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/7.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Sectional Differences Increase
•Many Americans views of Jackson’s policies depended on where they lived
Tariff of Abominations
Northern business
demand tariff on foreign
goods
John Quincy Adams signs
Tariff of Abominations John Quincy
Adams signs Tariff of
Abominations
![Page 8: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/8.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Sectional Differences Increase
•Many Americans views of Jackson’s policies depended on where they lived
Tariff of Abominations
Northern business
demand tariff on foreign
goods
John Quincy Adams signs
Tariff of Abominations
Tariff added fuel to
growing sectional
differences
Tariff added fuel to growing
sectional differences
![Page 9: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/9.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
States’ Rights Debate
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
![Page 10: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/10.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
States’ Rights Debate
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
Nullification Crisis
VP Calhoun joined south in protest of
tariff
Nullification Crisis
VP Calhoun joined south in protest of tariff
![Page 11: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/11.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
States’ Rights Debate
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
Nullification Crisis
VP Calhoun joined south in protest of
tariff
Nullification Crisis
VP Calhoun joined south in protest of tariff
![Page 12: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/12.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
States’ Rights Debate
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
Nullification Crisis
VP Calhoun joined south in protest of
tariff
Calhoun argued state
power greater than federal
power
Calhoun argued state
power greater than federal
power
![Page 13: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/13.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
States’ Rights Debate
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
Nullification Crisis
VP Calhoun joined south in protest of
tariff
Calhoun argued state
power greater than federal
power
Calhoun resigns as VP replaced by Martin Van
Buren
Calhoun resigns as VP replaced by Martin Van
Buren
![Page 14: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/14.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
States’ Rights Debate
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
The Hayne-
Webster Debates
Haynes argued
nullification was lawful protest of
federal lawHaynes argued nullification was lawful protest of
federal law
The Hayne-Webster Debates
![Page 15: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/15.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
States’ Rights Debate
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
The Hayne-
Webster Debates
Haynes argued
nullification was lawful protest of
federal law
Webster argued welfare of nation
overrides individual states
Webster argued welfare of nation
overrides individual states
![Page 16: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/16.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
States’ Rights Debate
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
Jackson Responds
Jackson urges Congress to lower tariff-
not enough for SC
Jackson urges Congress to
lower tariff- not enough for SC
Jackson Responds
![Page 17: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/17.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
States’ Rights Debate
•Jackson had to deal with the tariff issue
• Could a state disregard a law passed by Congress?
Jackson Responds
Jackson urges Congress to lower tariff-
not enough for SC
Jackson gets Force Bill,
Clay makes a compromise. Crisis settled
Jackson gets Force Bill, Clay
makes a compromise. Crisis settled
![Page 18: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/18.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
•Jackson opposed 2nd Bank of U.S.
• 2nd Bank had 20 yr charter as federal governments financial agent
• Jackson thought bank was unconstitutional
• McCulloch v. Maryland ruled bank constitutional
• Jackson weakened bank by moving most funds to state banks
• These banks loaned money at easy credit terms – this led to inflation
Jackson Attacks the Bank
•Jackson opposed 2nd Bank of U.S.
• 2nd Bank had 20 yr charter as federal governments financial agent
• Jackson thought bank was unconstitutional
• McCulloch v. Maryland ruled bank constitutional
• Jackson weakened bank by moving most funds to state banks
• These banks loaned money at easy credit terms – this led to inflation
![Page 19: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/19.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Panic of 1837
•Jackson did not run for president in 1836
• Jackson supported his VP Martin Van Buren and he won
• Whig Party forms in 1834 but cannot defeat Van Buren
• After Van Buren took office a severe economic depression occurred
• Panic of 1837 was fault of Jackson’s economic policies but Van Buren got blamed
• Whigs stand with William Henry Harrison & defeat a weakened Van Buren in 1840
- Jackson did not run for president in 1836 - Jackson supported his VP Martin Van Buren and he won- Whig Party forms in 1834 but cannot defeat Van Buren- After Van Buren took office a severe economic depression occurred - Panic of 1837 was fault of Jackson’s economic policies but Van Buren got blamed- Whigs stand with William Henry Harrison & defeat a weakened Van Buren in 1840
![Page 20: Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837](https://reader035.vdocuments.us/reader035/viewer/2022081519/56649d055503460f949d8ae7/html5/thumbnails/20.jpg)
Ch.9 The Age of Jackson
Section 2- Jackson’s Administration
Sectional Differences Increase States’ Rights Debate Jackson Attacks the
BankPanic of 1837