Jackson by becoming President of the United States during the election of 1828 brought a big change the great nation, giving the common man more power to stand up and choose the leader of the country, at least more than the Founding Fathers intended. The Jacksonian era, a democratic era, is a big event that shaped America as it marked the end of National Republicans in 1832 who then formed the Whig party. President Jackson, being the most popular candidate, was the first President to actually think of himself as the head of democracy and the one who answered the “common man's” will. Another thing that Old Hickory Jackson is famous for is his war against Nicholas Biddle and the national banking system. The president triumphed in this war with the veto of a congressional act aiming to extend the bank's charter and by pulling capital out of the bank to redistribute to the states. As I understand Jackson's motivations against this bank is mainly because he didn't want the rich to get richer at the expense of the hardworking common men of the United States his actions ultimately led to a depression (the Panic of 1837) even though President Van Buren was blamed for it. This ultimately led the Whigs to win the Presidency in 1840 as Sean Wilentz says: “He successfully battled the …show more content…
Now Old Hickory's vision was that in order to keep expanding the slave and cotton economy, the Indian land was needed, also, many white Americans feared the Native Americans because of past hostilities. Now even though he did give them land, he still forced them to leave their home land, in their home country. He even refused to apply treaties that were previously made with Native Americans as stated in the Why, What Evil Hath He Done? :”He has cruelly and wantonly refused
War on national banks/economic decision: Jackson did not like the bank he said that the bank was unconstitutional Jackson hate on bank became a big issue in the presidential campaign of 1832 Henry Clay said that Andrew Jackson wanted to much power as the president When Andrew Jackson became president again he thought that that meant that the public approved his opinion on destroying the national bank on Andrew Jackson second term his goal was to destroy the bank before its charter ended in 1836 eventually the bank went out of business Jackson won the war but the economy was the victim. Andrew Jackson ended up getting rid of the National Bank and with the money that was in the bank he took it out and gave the money to a lot of smaller banks
This leads to the topic, why did Jackson want to destroy the bank? Well first I need to tell you what the second bank was and what kind of roles it played in the economy. They had the power to act exclusively as the federal government's financial agents. The bank did many other things like half federal deposits, made transfers to federal funds between states, and dealt with payments or receipts involving the federal government.
As mentioned that the ultimate motive for Jackson was the National Bank. Jackson believed that the bank was evil like a “monster” for several reasons. Some of those reasons being that the
Andrew Jackson hated the idea of nullification. It would grant the states the ability to not follow federal laws, and when South Carolina threatened to break up the country, he sent the U.S. army to stop it happening. Likewise, he helped to delay the civil war, Jackson would identify himself with “ordinary Americans” by his actions and speeches during his presidency. He was for the common man instead of the members of the higher society. For example, he felt the Bank of the United States only favored the rich.
Jackson despised the Second Bank of the United States, as he believed it favored the wealthy, it was privately owned, and he lost his own money once with a bank. He thought his hatred for the bank would be used against him in the next election, which was the plan, but it did not work out in the way Clay expected it to. As Jackson was attempting to end the bank, Clay tried to recharter the it, hoping that when Americans saw Jackson’s veto, they would be furious and he would lose the election. While Clay thought this plan was foolproof, the bank was never a legitimate concern for most citizens, so Jackson won the election for the second time. Once he had been re-elected, Jackson killed the bank by taking federal money out of it and giving power back to the states, but this inflated the price when the money is not backed.
During the 1830’s, Andrew Jackson’s presidency became a time the United States encountered a historical change and was an era of the common man. While elected president, he created an era of American politics which created a growth of democracy. According to Give Me Liberty, “Unlike previous presidents, Jackson rose to prominence from a humble background, reflecting his era’s democratic opportunities” (p. 281). With that being said, Jackson generated political and economic changes during his presidency.
All his attacks caused brutal reactions of his political enemies and even claim that the president destroyed the national stability and the American economy. Regardless of all of the reactions, Jackson still remained remorseless and eventually vetoed the renewal of the Bank’s charter in 1832. Jackson intended to conclude,”Equality of talents, of education, or of wealth cannot be produced by human institutions”(Source 4). He believed that the rich and powerful are the only ones able to take advantage of the bank. Andrew Jackson wanted more benefits to the common people and get rid of the things that divided the elites and
Jackson asserted that the Bank's charter, which was previously designated by Congress as constitutional, was not compatible with the constitution from United States. This led to Henry Clay, Jackson’s political opponent in the election of 1832, to establish the Whig Party. The Jacksonians
Andrew Jackson (Democrat) was the 7th President of the United States from 1829-1837 along with Martin Van Buren as his Vice President. Jackson was born in South Carolina and raised in Tennessee. Before his presidency Jackson was a lawyer and General in the War of 1812. He had a nickname for his strict ways and being tough as “Old Hickory.” His wife was Rachel Jackson, who was a devoted wife and loving person to her friends and family.
Bank; Jackson declined it because he despised the idea of a bank that the bank belongs to the government. Since Jackson was at war against the bank, it was the worst in his eyes. Jackson did not dislike all banks, but he thought the U.S. bank was corrupt ("The War Against the Bank."). Jackson liked hard money, gold or silver instead of paper money. Nicholas Biddle was the leader of the bank when Jackson became President, and Jackson disliked him because he was from a rich family, and did not earn his way.
Andrew Jackson was President of the United States from 1829 to 1837, and he was very influential in shaping politics for the world today. Hence, the era of his presidency has it’s own name, the Jacksonian Era. From the beginning of his political career, Jackson faced many difficulties, not only with economic problems, but also with other political candidates, such as John Quincy Adams, Martin Van Buren, Henry Clay and several others. In the “Spirit of Improvement,” Andrew Jackson opposed beliefs with John Quincy Adams.
Andrew Jackson was known for many things; from changing the way America votes, to forcing the Native Americans into Indian territory. Many people have mixed feelings about whether he was democratic or not. No one is just one color, they can be an entire rainbow, and that is what Andrew Jackson is. There are many incidents where he is more democratic than undemocratic. Take his election for example.
Andrew Jackson presidency focused a lot on small government and pleasing the common man. He attempted to shut down national banks to make government smaller. Jackson also enforces things like the Indian Removal Policy, which strengthened the bond between Jackson and the common man. Jackson was the first and only president to make the country debt too. All of these impacted are government today very much as well as other governments around the world.
President Andrew Jackson had a strong view on the American economy. He mistrusted many policies and in his time in office drastically changed them to suit his views and ideals. After winning the 1828 election against John Quincy Adams and the 1832 election against Henry Clay, Jackson’s time in office was unquestioned. In his administration, Jackson’s economic policies led to the Panic of 1837 and transformed the American banking system. Jackson’s view on economy lead him to instate acts that significantly transformed the system of American economy such as the abolition of the second Bank of the United States.
One of the biggest thing that Jackson had done as a president was in 1832. Jackson vetoed a bill that would renew the second bank charter early. Jackson stated “I will kill it!”. He said this because he didn’t like the bank at all and he believed that it made the rich richer and the poor poorer. He said in his veto message “It is easy to conceive that great evils to our country and its institutions might flow from such a concentration of power in the hands of a few men irresponsible to the people.”