passage to the eastern cities. The South had the ability to become the main supplier of cotton for the Europeans. This in turn made the Americans feel as if they were successfully increasing in their economics. Eventually as all good things do this came to a quick end and things started to decrease as the need for cotton decreased with the Europeans and the Second Bank of the United States began to tighten the credit due to fear of overinvestments. This affected any people deeply but mainly the farers as they bought their land on credit loans and were unable to repay them due to the decrease of needs of agricultural production and led to foreclosure on many farmlands. With the expansion of the franchise, “in the first years after the Revolution, most states limited the vote to white men who owned a certain amount of property.
Such requirements were designed to place political power in the hands of men who were considered to have a ‘real stake’ in society.” (Scultz, n.d.). This did not last long and most states began to remove their property restriction of citizenship except for the states of Rhode Island, Virginia, North Carolina, and Louisiana. This in turn led to the freedom to vote so that you are a free white man. Eventually this turned into the white men able to vote as well as wealthy African American which in turn showed that the political world was becoming more democratic and more people had the ability to participate while still having a set amount of restrictions. The presidential election of 1824 was handed over to the House of Representatives which included the top three candidates known as Andrew Jackson, John Quincy Adams, and William H. Crawford. The fourth place candidate was Henry Clay and he told others to support John Quincy Adams which made Andrew Jackson, whom won the election, mad. When Adams was chosen as the next president of the United States he chose Henry Clay as his secretary of state and Jackson became infuriated and claimed it was a corrupt bargain n between the two individuals. This is how the second
two-party system began. The second two-party system is “evolution of political organizations in 1824 into the Jacksonians and the Whigs.” (Schultz, n.d.).