President Jackson And The Whig Party

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President Jackson And The Whig Party

  1. 1. President Jackson and the Whig Party
  2. 2. Jackson Against the Bank <ul><li>Jackson disagreed with the Bank of US </li></ul><ul><li>He argued ordinary citizens had no control and it was run by wealthy Easterners </li></ul><ul><li>Jackson disliked bank’s president Nicholas Biddle </li></ul>
  3. 3. Election of 1832 <ul><li>Clay and Webster encouraged Biddle to apply for early charter to renew bank </li></ul><ul><li>They knew Jackson would veto and hoped it would turn country against him </li></ul><ul><li>Plan backfired </li></ul><ul><li>Jackson vetoed but people supported him </li></ul><ul><li>He won election of 1832 easily </li></ul><ul><li>He did not run for a third term </li></ul>
  4. 4. Panic of 1837 <ul><li>Martin Van Buren was inaugurated in 1837 </li></ul><ul><li>Country entered economic depression shortly after </li></ul><ul><li>Panic of 1837 occurred when land values dropped sharply, investments declined suddenly and banks failed </li></ul><ul><li>People couldn’t afford food or rent and farmers lost land </li></ul>
  5. 5. Rise of the Whigs <ul><li>President Van Buren believed in laissez-faire </li></ul><ul><li>He did persuade Congress to establish independent treasury in 1840 </li></ul><ul><li>Much criticism came from even inside the Democratic party </li></ul><ul><li>Whigs now had a chance in 1840 election </li></ul>
  6. 6. Whig’s Have a Chance <ul><li>Democrats had controlled for 12 years </li></ul><ul><li>Whig’s nominated William Henry Harrison </li></ul><ul><li>“ Tippecanoe and Tyler Too” </li></ul><ul><li>Harrison needed support from common man </li></ul>
  7. 7. Log Cabin Campaign <ul><li>Whigs adopted log cabin as their symbol </li></ul><ul><li>Cartoons ran with Harrison in front of log cabins </li></ul><ul><li>Whig had to show their candidate was “a man of the people” </li></ul>
  8. 8. Success of the Whigs <ul><li>Campaign was a success Harrison won </li></ul><ul><li>He died on April 4, 1841, first president to ever die in office </li></ul><ul><li>John Tyler became first ever VP to become president </li></ul><ul><li>He outraged Whigs due to his beliefs </li></ul><ul><li>Whigs only stayed in power 4 years </li></ul><ul><li>Lost election of 1844 when James Polk won </li></ul>

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