Andrew Jackson, The National Bank, And The Nullification Crisis

Jackson’s battle with the Bank created an economic crisis for the nation by causing inflation and, consequently, unemployment. To begin, in 1832 President Andrew Jackson transferred funds from the Bank of the United States to state banks because his party disagreed with the existence of a national bank. One of the reasons Democrats disliked that the Bank of the United States was that they thought it did not give out many loans, to purposely keep the value of money low. However, they were mistaken. When state banks gained the funds, they began giving out a lot of loans.

Jackson presidency was marked as a new era in Indian-Anglo American relations by imitating a policy of Indian removal. Before the removal, he made about 70 treaties with Native American tribes both in the South and the Northwest. His First Annual Message to Congress and some others begins in December of 1829, which contained remarks on the present and future state of American Indians in the United States. He argued that it was for the Indians own well, that they should be resettled on the vacant lands west of the Mississippi River. During the time in Congress, debates on a bill didn’t begin until late February 1830.

After winning the battle, he took on two other causes that would come to define his presidency. First came the nullification crisis, which reinforced and reflected the growing hatred between Jackson and Calhoun, and the second issue was related to finance. Jackson’s battle against Calhoun and nullification was immediately concealed by his political showdown with the Second Bank of the United States. When Andrew Jackson assumed presidency, the bank was regulating the nation’s currency supply to the satisfaction of most members of the financial community and the economy was enjoying relative stability. Jackson argued that it concentrated power in a private corporation, so he opposed the

Jackson was known to be a man of the people, but he messed up his relationship with the people when he denied the bill. Supposedly, the bill put the common people at a disadvantage and the higher class at a benefit. Jackson claims that the wealthy control the bank, and he did not like that at all. For example, he says that too often the “rich and powerful” bend the acts of government to what they want, and they don’t think about other people. I personally think that is a little hypocritical because Jackson made his own decisions without others approving at all, and now he is turning around saying the rich and powerful are twisting the rules of the government.

Andrew Jackson was not a successful President. Many of his policies were selfish. For example, so me of his monetary policies led to the Panic of 1837. He also ended the Bank of the United States. He took the money form the Bank of the United States and put it into “pet banks”, which contributed to the Panic of 1837.

President Jackson supported the Indian removal with most of the rest of the nation, which he represented, giving him the opportunity to represent the “average” American citizen in the 1800s. Jackson called for the removal of Indians because he, along with the majority of the nation, wanted the United States population to be all white. “One more step toward making the United States a white man’s country.” He wanted more land for the population of the United States to take over, which happened to be the

He got rid of more government people, than the presidents before him. This could cause problems considering the lack of political training these people had. (Andrew Jackson Hermitage Home of the People’s

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.

Andrew Jackson came across many controversies in his life and he had many ways to face all his problems. He was determined to what his mind was set to and Jackson was a very stubborn man. Jackson was not the kind of guy that would listen to just anybody he would do what he choose to do. Andrew Jackson and the national bank, The bank war refers to the political struggle that developed over the issue of recharting and i believe that he took the national bank to help himself and to help the people also, the bank of the united states also printed the country 's paper money and it was the only bank permitted to have offices across the nation. when president Jackson was leader of the country he did not get along very well with the bank and he

Since Jackson went through a lot of hardships to take down the bank. He was criticized, thought of as a bad President, but no one likes every president. Even though Andrew Jackson thought the bank should be controlled by elected officials not handed down by generations of family. This was not the only reason people did not like him, he was also criticized for creating the spoil

As a result, Jackson vetoed the recharter of the Banks of the United States in 1832 to protect the common people from the “Monster Bank” (PBS: Jackson). The rich bankers would not be able to bend the rules for their own profit because the federal entity no longer existed. Jackson destroyed the Bank of the United States to protect the common people from the control of rich northern bankers. Despite Jackson’s best interests for the common people, his actions did have dire economic consequences. However, his actions proved that Jackson was truly the common man’s president and supported the majority

Andrew Jackson was seen as a common man the voice of the people by some. By others he was King Andrew, trampling the constitution and instigating tyranny. Jackson’s presidency impacted democracy, through his use of the veto power, and his claim of Clay creating a “corrupt bargain”, which is not a turning point for a rise in democracy despite him giving white male suffrage. During Jackson’s use of executive power weakened voice of the people.

Andrew Jackson’s sentiment towards the Native Americans was certainly not a kind one. Manifest destiny was a popular belief among Americans, including Jackson, and he would go to the extent of forcing Native Americans out of their homes to reach their “ordained goal”. He believed in the expansion of southern slavery which is why he pushed for removing the Indians west of the Mississippi, which makes it the more disgraceful. The Indian Removal Act of 1830 said that it will allow American government to offer in-state territories to the Indian’s for their western land. This wasn’t the case when the U.S. went in and drove the Indians out by force.

Although Jackson was important, he was part of many terrible things. Around the 1820s there were many major indian tribes in eastern United States such as Cherokee, Chickasaw, Creek and Seminole. This soon came to a change. Andrew Jackson thought these Indians were in the way of eastern development, using the Indian Removal Act which the congress had approved he decided to kick them out and send them west. In 1831 the Supreme Court ruled that the Cherokee Indians had the right to self government and the United States could not interfere with that.

The time has come to make a judgement of the great Andrew Jackson, the 7th president of the United States from 1829~1837. Although some people didn’t like Jackson very well due to very few of his decisions, he made many good decisions during his presidency. Andrew Jackson should be remembered as a hero of the common man due to his unifying leadership, generous approach of governing, and concern for economic equality. The first reason that Andrew Jackson should be remembered as a hero is because of his unifying leadership.