Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837 Many Americans views of Jackson’s policies depended on where they lived Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? Jackson opposed 2 nd Bank of U.S. 2 nd Bank had 20 yr charter as federal governments financial agent Jackson thought bank was unconstitutional McCulloch v. Maryland ruled bank constitutional Jackson weakened bank by moving most funds to state banks These banks loaned money at easy credit terms – this led to inflation Nullification Crisis The Hayne- Webster Debates Jackson did not run for president in 1836 Jackson supported his VP Martin Van Buren and he won Whig Party forms in 1834 but cannot defeat Van Buren After Van Buren took office a severe economic depression occurred Panic of 1837 was fault of Jackson’s economic policies but Van Buren got blamed Whigs stand with William Henry Harrison & defeat a weakened Van Buren in 1840 Three Regions Emerge Tariff of Abominations North- trade & manufacturing economy Jackson Responds South – farming & slave based economy West – frontier economy just emerging Northern business demand tariff on foreign goods John Quincy Adams signs Tariff of Abominations Tariff added fuel to growing sectional differences VP Calhoun joined south in protest of tariff Calhoun argued state power greater than federal power Calhoun resigns as VP replaced by Martin Van Buren Haynes argued nullification was lawful protest of federal law Webster argued welfare of nation overrides individual states Jackson urges Congress to lower tariff- not enough for SC Jackson gets Force Bill, Clay makes a compromise. Crisis settled

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase Many Americans views of Jackson’s policies depended on where they lived Cotton Plantation South Boston Wharf North Frontier West

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase Many Americans views of Jackson’s policies depended on where they lived Three Regions Emerge North- trade & manufacturing economy Three Regions Emerge North- trade & manufacturing economy

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase Many Americans views of Jackson’s policies depended on where they lived Three Regions Emerge North- trade & manufacturing economy South – farming & slave based economy

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase Many Americans views of Jackson’s policies depended on where they lived Three Regions Emerge North- trade & manufacturing economy South – farming & slave based economy West – frontier economy just emerging

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase Many Americans views of Jackson’s policies depended on where they lived Tariff of Abominations Northern business demand tariff on foreign goods Tariff of Abominations

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase Many Americans views of Jackson’s policies depended on where they lived Tariff of Abominations Northern business demand tariff on foreign goods John Quincy Adams signs Tariff of Abominations

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase Many Americans views of Jackson’s policies depended on where they lived Tariff of Abominations Northern business demand tariff on foreign goods John Quincy Adams signs Tariff of Abominations Tariff added fuel to growing sectional differences

Ch.9 The Age of Jackson Section 2- Jackson’s Administration States’ Rights Debate Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress?

Ch.9 The Age of Jackson Section 2- Jackson’s Administration States’ Rights Debate Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? Nullification Crisis VP Calhoun joined south in protest of tariff Nullification Crisis VP Calhoun joined south in protest of tariff

Ch.9 The Age of Jackson Section 2- Jackson’s Administration States’ Rights Debate Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? Nullification Crisis VP Calhoun joined south in protest of tariff Nullification Crisis VP Calhoun joined south in protest of tariff

Ch.9 The Age of Jackson Section 2- Jackson’s Administration States’ Rights Debate Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? Nullification Crisis VP Calhoun joined south in protest of tariff Calhoun argued state power greater than federal power

Ch.9 The Age of Jackson Section 2- Jackson’s Administration States’ Rights Debate Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? Nullification Crisis VP Calhoun joined south in protest of tariff Calhoun argued state power greater than federal power Calhoun resigns as VP replaced by Martin Van Buren

Ch.9 The Age of Jackson Section 2- Jackson’s Administration States’ Rights Debate Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? The Hayne- Webster Debates Haynes argued nullification was lawful protest of federal law The Hayne- Webster Debates

Ch.9 The Age of Jackson Section 2- Jackson’s Administration States’ Rights Debate Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? The Hayne- Webster Debates Haynes argued nullification was lawful protest of federal law Webster argued welfare of nation overrides individual states

Ch.9 The Age of Jackson Section 2- Jackson’s Administration States’ Rights Debate Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? Jackson Responds Jackson urges Congress to lower tariff- not enough for SC Jackson Responds

Ch.9 The Age of Jackson Section 2- Jackson’s Administration States’ Rights Debate Jackson had to deal with the tariff issue Could a state disregard a law passed by Congress? Jackson Responds Jackson urges Congress to lower tariff- not enough for SC Jackson gets Force Bill, Clay makes a compromise. Crisis settled

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Jackson opposed 2 nd Bank of U.S. 2 nd Bank had 20 yr charter as federal governments financial agent Jackson thought bank was unconstitutional McCulloch v. Maryland ruled bank constitutional Jackson weakened bank by moving most funds to state banks These banks loaned money at easy credit terms – this led to inflation Jackson Attacks the Bank Jackson opposed 2 nd Bank of U.S. 2 nd Bank had 20 yr charter as federal governments financial agent Jackson thought bank was unconstitutional McCulloch v. Maryland ruled bank constitutional Jackson weakened bank by moving most funds to state banks These banks loaned money at easy credit terms – this led to inflation

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Panic of 1837 Jackson did not run for president in 1836 Jackson supported his VP Martin Van Buren and he won Whig Party forms in 1834 but cannot defeat Van Buren After Van Buren took office a severe economic depression occurred Panic of 1837 was fault of Jackson’s economic policies but Van Buren got blamed Whigs stand with William Henry Harrison & defeat a weakened Van Buren in Jackson did not run for president in Jackson supported his VP Martin Van Buren and he won - Whig Party forms in 1834 but cannot defeat Van Buren - After Van Buren took office a severe economic depression occurred - Panic of 1837 was fault of Jackson’s economic policies but Van Buren got blamed - Whigs stand with William Henry Harrison & defeat a weakened Van Buren in 1840

Ch.9 The Age of Jackson Section 2- Jackson’s Administration Sectional Differences Increase States’ Rights Debate Jackson Attacks the Bank Panic of 1837