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Terms in this set [28]
Why didn't Andrew Jackson like the Bank of the United States?
He thought it was an organization of wealthy Easterners that ordinary people had no control over
Who was the president of the Bank?
Nicholas Biddle
Who ran the Bank?
Private bankers [not elected officials]
Why did Nicholas Biddle represent everything that Andrew Jackson disliked?
Biddle came from a wealthy family and had a good education and social standing
Which senators planned to use the Bank to defeat Andrew Jackson in the election of 1832?
Daniel Webster and Henry Clay
Why did the senators think their plan to defeat Jackson with the Bank would work?
They thought the Bank was popular, so Jackson's attempt to get rid of it would make him less popular
How many votes [popular and electoral] did Jackson get in the 1832 election, thus winning?
55% of the popular vote and 219 electoral votes
How many electoral votes did Henry Clay get in the election of 1832?
49
Who was elected as Vice President in the election of 1832?
Martin Van Buren
How did Andrew Jackson kill the Bank once and for all after being reelected?
He withdrew all government funds and put them in state banks, and he vetoed the bill for a renewal of the charter
Who did the Democrats nominate for President in the election of 1836?
Martin Van Buren
What happened to the US shortly after Van Buren's inauguration?
It fell into an economic depression
What preceded the economic depression?
The Panic of 1837
What happened in the Panic of 1837? [5]
Land values dropped, investments declined, banks failed, people lost their jobs, cotton prices decreased
What did President Van Buren believe in that worsened the depression?
Laissez-faire
What does laissez-faire mean?
The government should interfere as little as possible in the nation's economy
How did President Van Buren complete Andrew Jackson's plan to get rid of the Bank?
He persuaded Congress to make a federal treasury to put the government's funds in
Why did the Whigs have a chance to win the election of 1840?
The Democrat party was split over the federal treasury
Who did the Whigs nominate for President and Vice President in the election of 1840?
William Henry Harrison and John Tyler
Who did the Democrats nominate for President in the election of 1840?
Martin Van Buren
What was the Whig party's campaign slogan in the election of 1840 and why?
Tippecanoe and Tyler too, because William Henry Harrison had won at the Battle of Tippecanoe, and he would win with Tyler too
What was the Whig party's symbol in the election of 1840 and why?
William Henry Harrison standing in front of a log cabin, because they wanted to show that he was a man of the people
How did the Whig party use mudslinging in the election of 1840?
They called Van Buren "King Martin", a wealthy snob who spent the people's money on furniture for the White House
What happened about a month after William Henry Harrison was inaugurated?
He died of pneumonia
Who became President after William Henry Harrison died?
John Tyler
What did John Tyler do that proved disloyalty to the Whigs, thus outraging them?
He vetoed many bills passed by Whigs in Congress
What happened as a result of John Tyler's disloyalty to the Whigs?
Most of his cabinet resigned and the Whigs expelled him from the party
Why did the Whigs lose the 1844 election?
They disagreed because they voted on sectional ties
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