ANDREW JACKSON (Bank Debate (Federalists used the Elastic Clause to create…
Jackson feared that the bank would have too much power
Federalists used the Elastic Clause to create the bank
He believed it wasn't necessary
Also thought it only benefited the wealthy
He believed states should make this decision
Vetoed the Second National Bank
Gave private banks all the money
Tariffs and Nullification
The British were trying to sell goods at a cheaper price to the Americans
The North puts a tariff on imports which makes all prices higher for the South
Tariff benefits the Northern economy
Tariff hurts Southern economy
Have to pay more money for the same goods!
British tax Southern cotton further hurting the economy
John C. Calhoun represents the southern outrage.
The South think about breaking away from the United States
Andrew Jackson threatens the south with the Force Bill
Jackson fired many Federalists officials
He thought it was normal to rotate people from one political party to the next.
Think about this - Does this happen today?
Indian Removal Act
Original intention was to protect the Native Americans
Cherokee vs. Georgia
Ruling stated that Jackson should leave the Native Americans alone
He ignored it
Trail of Tears :unamused:
Jackson believe paper did not hold value
Wanted to use metal
Possibly resulted in the Panic of 1837 (not enough metal to go around).
Chaos occurred at the White House
Too many people crowded the steets
Won the election of 1828
Believed all people were intelligent