Summary Of Chapter 15 Outline: Jacksonian Democracy At Flood Tide
Matthew Barbosa
Period 7-8
Chapter 15 Outline: Jacksonian Democracy at Flood Tide
I. “Nullies” in South Carolina
1. The Tariff of 1828 continued to irritate with hot-blooded South Carolinians
a. They persisted it not only as an economically punitive in the short run, but as a possible wedge for later federal interference with slavery in the southern states
b. In protest, some South Carolinians took action; the nullifiers, also known as “nullies”
c. They tried to assemble the necessary two-thirds vote for nullification in the South Carolina legislature
d. But they were blocked by a determined minority of Unionists, known as “submission men”
2. Back in Washington, Congress touched off the fuse by passing the new Tariff of 1832, which …show more content…
Surplus federal funds were placed in several dozen state institutions, known as pet banks
c. These new depositories were selected partly because of their pro-Jackson sympathies, but in general, they were not nearly as weak as pictured by the president’s enemies
3. Biddle, for his part, was compelled to retrench after losing the federal deposits
a. But, he called in loans with unnecessary cruelty and plainly for the purpose of forcing a reconsideration of the charter by Congress
b. A number of banks were driven to the wall by “Biddle’s Panic” and the conduct of the “monster” seemed to justify the accusations of its foes
4. The teetering financial structure of the country received an additional shock in 1836, the year the bank breathed its last
a. “Wildcat” currency had become so unreliable, especially in the West, that Jackson authorized the Treasury to issue a Specie Circular
i. It was a decree that required all public lands to be purchased with metallic money
b. This drastic step was overdue, but coming at the time it gave the speculative bubble another sharp blow
c. Hard money brought hard feelings and hard times for the West
5. Yet inflationary pressure …show more content…
Van Buren was supported by the Jacksonites without wild enthusiasm
5. The schemes of the Whigs availed nothing
a. Van Buren won the close popular vote of 765,483 to 739,795; an electoral college vote of 170 to 73
b. Jackson could now step down
6. In retrospect, the Jackson years were yeasty ones
a. Jackson left a lasting imprint on the presidency
b. He demonstrated the value of strong executive leadership; he led common people into national politics; he united them into a powerful and long-lived Democratic party; and he proved people can be trusted with the vote
c. He amazed politicians by showing that the courageous course often wins the most vote
7. The other side of the ledger is less satisfying
a. Jackson cannot escape blame of encouragement of spoils system and of unsound finance
b. No one can deny that the Bank of the United States was powerful and ultimately a corrupting monopoly, which needed to have its wings clipped
c. But chopping off its head instead of its wings was of benefit to the nation
XI. Big Woes for the “Little Magician”
1. Martin Van Buren, eighth president, was the first to be born under the American flag
a. The New Yorker has been described as “a first-class second-rate
Period 7-8
Chapter 15 Outline: Jacksonian Democracy at Flood Tide
I. “Nullies” in South Carolina
1. The Tariff of 1828 continued to irritate with hot-blooded South Carolinians
a. They persisted it not only as an economically punitive in the short run, but as a possible wedge for later federal interference with slavery in the southern states
b. In protest, some South Carolinians took action; the nullifiers, also known as “nullies”
c. They tried to assemble the necessary two-thirds vote for nullification in the South Carolina legislature
d. But they were blocked by a determined minority of Unionists, known as “submission men”
2. Back in Washington, Congress touched off the fuse by passing the new Tariff of 1832, which …show more content…
Surplus federal funds were placed in several dozen state institutions, known as pet banks
c. These new depositories were selected partly because of their pro-Jackson sympathies, but in general, they were not nearly as weak as pictured by the president’s enemies
3. Biddle, for his part, was compelled to retrench after losing the federal deposits
a. But, he called in loans with unnecessary cruelty and plainly for the purpose of forcing a reconsideration of the charter by Congress
b. A number of banks were driven to the wall by “Biddle’s Panic” and the conduct of the “monster” seemed to justify the accusations of its foes
4. The teetering financial structure of the country received an additional shock in 1836, the year the bank breathed its last
a. “Wildcat” currency had become so unreliable, especially in the West, that Jackson authorized the Treasury to issue a Specie Circular
i. It was a decree that required all public lands to be purchased with metallic money
b. This drastic step was overdue, but coming at the time it gave the speculative bubble another sharp blow
c. Hard money brought hard feelings and hard times for the West
5. Yet inflationary pressure …show more content…
Van Buren was supported by the Jacksonites without wild enthusiasm
5. The schemes of the Whigs availed nothing
a. Van Buren won the close popular vote of 765,483 to 739,795; an electoral college vote of 170 to 73
b. Jackson could now step down
6. In retrospect, the Jackson years were yeasty ones
a. Jackson left a lasting imprint on the presidency
b. He demonstrated the value of strong executive leadership; he led common people into national politics; he united them into a powerful and long-lived Democratic party; and he proved people can be trusted with the vote
c. He amazed politicians by showing that the courageous course often wins the most vote
7. The other side of the ledger is less satisfying
a. Jackson cannot escape blame of encouragement of spoils system and of unsound finance
b. No one can deny that the Bank of the United States was powerful and ultimately a corrupting monopoly, which needed to have its wings clipped
c. But chopping off its head instead of its wings was of benefit to the nation
XI. Big Woes for the “Little Magician”
1. Martin Van Buren, eighth president, was the first to be born under the American flag
a. The New Yorker has been described as “a first-class second-rate