Rise of a Mass Democracy. Although a New Democracy swept America in the 1820’s, several unresolved issues created conflicts, forcing the emergence of a two-party system. Nullification Bank War Westward Expansion Rise of Whigs. I. Nullification. The Election 1824 (JQA, HC, WC, AJ)
Although a New Democracy swept America in the 1820’s, several unresolved issues created conflicts, forcing the emergence of a two-party system.
Jefferson Day Toast
“The Union of the states and the
Sovereignty of the states” Hayne
“Our Union, it must be preserved” Andy
“The union, next to our liberty, most dear!” Calhoun
3. Henry Clay pushes for recharter. Jackson vetos. Election of 1832, Jackson wins
4. Jackson withdrew federal $ and deposited into select state banks or “pet banks”
5. Additional $ in “pet banks” expanded economy
6. Increase in demand for land. Prices skyrocket
7. Many banks overextended. BUS could have helped pet banks but was destroyed. Specie Circular slams brakes on speculation.
8. Business drops for banks (fewer loans) and banks call in loans to pay bills.
9. Result in panic selling, prices plummet, and borrowers default on their debts.
10. Many banks default.
a. Pro-market economy, American System, Nullification OK, Anti-Masons
__ This election saw the first president seated from “the west” and included such mudslinging topics of duals, adultery and pimping for the Tsar.
__ A strange four-way election puts an icy New Englander in office amid charges of a “corrupt bargain.”
__ This election was won by a candidate who was “issueless and enemyless.”
__ The winner of this election was a “Yes-man” who ran against several regional candidates.
__This election included the first 3rd Party, national nominating conventions, and formal platforms.
John C. Calhoun
Martin Van Buren
John Quincy Adams
“Revolution of 1828”
Tariff of 1833
“Trail of Tears”
Panic of 1837
Whig PartyChapter 13 Vocabulary