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Now let him enforce it."

? Indians removed from there land and forced to march along the The Trail of Tears to Indian country (present day Oklahoma) - thousands of Indians died, perhaps 25% of those that made the journey

? Seminoles staged a relatively successful guerrilla warfare campaign to avoid removal

Jackson and The Bank War (BUS = Bank of the United States)

? opposition from the BUS came from two groups the "soft money" and "hard money" factions

? soft money = state bankers and their allies, objected because BUS restrained the state banks from issuing notes freely, believed in rapid economic growth and speculation

? hard money = believed that coin was the only safe currency, looked with suspicion on expansion and speculation

? Nicholas Biddle ran the BUS and gathered allies such as Daniel Webster and Henry Clay

? Bank Charter due to expire in 1836 (Jackson would not renew the charter)

? Clay & Webster convince Biddle to apply for renewal in 1832, bill gets passed and vetoed by Jackson

? Clay made the Bank an issue in the 1832 campaign but it failed to provide him with a winning issue

? Jackson could abolish bank before the end of the charter but he weakened it by removing government deposits

? two secretaries of treasuries refused to carry out this order

? the third SOT began withdrawing the money at putting it in state banks (so called "Pet Banks")

? the death of the bank in 1836 left the country with a fragmented unstable banking system

The Second Party System

? Democrats (Jackson) vs...

Now let him enforce it."

? Indians removed from there land and forced to march along the The Trail of Tears to Indian country (present day Oklahoma) - thousands of Indians died, perhaps 25% of those that made the journey

? Seminoles staged a relatively successful guerrilla warfare campaign to avoid removal

Jackson and The Bank War (BUS = Bank of the United States)

? opposition from the BUS came from two groups the "soft money" and "hard money" factions

? soft money = state bankers and their allies, objected because BUS restrained the state banks from issuing notes freely, believed in rapid economic growth and speculation

? hard money = believed that coin was the only safe currency, looked with suspicion on expansion and speculation

? Nicholas Biddle ran the BUS and gathered allies such as Daniel Webster and Henry Clay

? Bank Charter due to expire in 1836 (Jackson would not renew the charter)

? Clay & Webster convince Biddle to apply for renewal in 1832, bill gets passed and vetoed by Jackson

? Clay made the Bank an issue in the 1832 campaign but it failed to provide him with a winning issue

? Jackson could abolish bank before the end of the charter but he weakened it by removing government deposits

? two secretaries of treasuries refused to carry out this order

? the third SOT began withdrawing the money at putting it in state banks (so called "Pet Banks")

? the death of the bank in 1836 left the country with a fragmented unstable banking system

The Second Party System

? Democrats (Jackson) vs...

General points of the essay

andrew jackson and the bank war Henry Clay, John C. Calhoun, And Daniel Webster And Their Differing Vi How did the politics in the Age of Jackson become more democratic? Discuss the political careers of John Quincy Adams, Andrew Jackson, and Martin Van Buren to demonstrate the new political winds that were blowing across the nation. Jackson and the Bank Battle Bank Accounting Information System And Electronic Banking Bank One and LaSalle Bank Comparison Federal Reserve Bank Changing Money Supply How Banks make their money Quality Analysis of the Balance Sheet of Premier Bank Limited and Jamuna Bank Limited Southwest State Bank Case - Profitability/SWOT Analysis state bank of india The Aquisition Of Commerce Bank By Td Bank North andrew jackson and indian removal Andrew Jackson From A Biddle P Jackson removal of Indians

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