1 / 44

The Age of Jackson

The Age of Jackson. Jackson and Van Buren years. Eaton Affair. Peggy Eaton Daughter of tavern keeper 1 st husband may have committed suicide Allegedly over her affair with TN senator John Eaton Married him He became sec of war Reminds Jackson of gossip about beloved Rachel

eshana
Download Presentation

The Age of Jackson

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. The Age of Jackson Jackson and Van Buren years

  2. Eaton Affair • Peggy Eaton • Daughter of tavern keeper • 1st husband may have committed suicide • Allegedly over her affair with TN senator John Eaton • Married him • He became sec of war • Reminds Jackson of gossip about beloved Rachel • He believes it killed her • Wives of cabinet members snub Peggy • Van Buren: charming, accompanies her to functions • Floride Calhoun: biggest snob in Eaton Malaria

  3. Eaton (2) • Jackson thought Calhoun trying to coerce him to abandon John Eaton • To disgrace AJ for having appointed him • Van Buren leaked info: • Sec St Calhoun, (then sec war under Monroe) favored censuring AJ for 1818 raid into FL • AJ feels betrayed!

  4. Egalitarianism Jackson style • =ty not for blacks, Indians or women • Partly due to freed blacks heading north, taking jobs • Segregation for freed blacks- the rule, w/ persecution, anti black riots • Justified: preventing blacks & abolitionists breaking down color barrier (poor whites would sink further) • Jackson coalition depended on shared white racism & ability to avoid slave issue • Believed indians = barbaric impediments to progress, expansion. • Just & humane policy: moving them west to area of horned toads & rattlesnakes • 1830: Indian Removal Act

  5. Indian Removal • 1825: GA’s fraudulent treaty ceded most Creek land to state • Adams denounced • GA based Rt to land grab on ‘unviability of State’s Rights’ • JQA backed down 2 avoid armed conflict • 1828: GA moves against Cherokees • To avoid Creek’s fate, Cherokee adopt Constitution 1827 • Declared selves sep nation w/ sovereignty over land • GA put Cherokee under state law & nullified cons • Prohibited Indian testimony against whites • Gold discovered

  6. Indian Removal Act 1830 • Appropriated: $500,000 for removal • 1830: GA law- whites get residency there • 1832: few are left • 1838 Cherokee trail of Tears • AJ forced treaty on them: gave up GA land for land in Indiana • 5 mill for moving them • 12,000 walked the thousand mile trail of tears • Victims of cruelty, scorn pilfering of whites along way • ¼ died en route, dead of winter

  7. 1832: Black Hawk’s War: Sauk & Fox Indians • IL & WI • Frantic attempt of Inds to reach W bank MS • Ends in slaughter of 500 men, women, children by white troops w/ Sioux allies • Participants: • Lincoln • Jeff Davis

  8. Seminoles • Held out in swamps of FL • 7 yrs • 1835-42: longest Indian war in US history • Leader: Osceola captured under flag of truce • During negotiations • Resistance continued

  9. Opposition to Jackson’s removal policy • Eastern reformers • Protestant missionaries • Came w/n 3 votes of defeating Removal bill in house

  10. Cherokee Nation v. GA 1831Worcester v GA 1832 • Ct rules: GA violated US Const in extending jurisdiction over Cherokees • Marshall defines Indian tribes as dependent domestic nations • Subject only to authority of federal gov • Supreme Ct is powerless to enforce rulings • Jackson ignores: takes states rights position • Mutters: courts can try to enforce that…

  11. Nullification • Most sensitive issue involving power of national gov: • Tariffs • Issue: majority rule, Jackson is a Nationalist • Cost: some southern support for Dems • Tariffs: 1st 1816 • 1824 up • 1828 up 50% (tariff of abominations) • Contrived to win northern support for Jackson? • Loudest outcry: SC: Old cotton state • Loosing pop to west in 1820s • Cotton prices still low s. panic 1819 • Tariffs seen as unconst extension of national power over states • Prelude to enforced emancipation? • SC: only state w/ Af-Am majority

  12. Nullification, (2) • Slave concentrations in marshes, tidal flats s. of charleston • Low country district of huge rice plantations • Summer months blacks outnumber whites 10:1 • Slave rebellions: narrowly averted 1822 + 1829 • Planters fear agitation fed by N. abolitionists • 1831 Nat Turner Revolt • VA 55 whites slain before Turner caught • Nullification: safety valve

  13. Anti tariff Nullies • Roots: 1828 SC Exposition & Protest • Calhoun argues: • State acting through pop elected convention has sovereign power to declare act of nat gov null + inoperative • Once a state nullifies a law: it’s unenforceable until ¾ states approve const. amendment delegating to national gov power that was challenged • If such passed, nullifying state could leave union

  14. Calhoun • Calhoun orchestrated SC convention nullification of Tariff of 1828 & 1832 (lower) • Legislation elects R. Hayne Gov; Calhoun Sen • Calhoun resigns as VP to take Senator spot • GA, AL, MS all refuse to go along (too radical) • Said customs duties NOT collected in SC after Feb 1, 33 • Defends doctrine as way of protecting minority rights in union dominated by Tyrannical national majority • AJ seems Calhoun as scheming disunionist • AJ announced intention to enforce tariff • Privately: threatens to hang Calhoun & all other traitors • Later regrets he didn’t at least hang Calhoun • Issued Nullification Proc: doctrine of Null = impractical absurdity • AJ asks 4 (gets) Force Bill • Sent Gen Winfield Scott to Charleston Harb w/ troops; can have 50k in SC in 40 days • Worked to get new lower tariff passed (down by 50%) Compromise Tariff of 1833 • Lowered duties 20% • Extends reductions over 20 yrs

  15. Final Act of defiance • Nullifiers nullify the Force Bill • Calhoun retires to his plantation • Significance: • AJ estab’d principal of national supremacy grounded in Will of the Majority • States rights doctrines remain pop in South • Many want to limit powers of Nat’l gov • Triggers new anti-Jackson coalition in South

  16. Webster-Hayne Debate • SC disliked tariff but waits for election as Calhoun will be VP • New tariff policy likely then • Late 1829: CT senator tried to restrict land sales in W • Thomas Hart Benton, MO: (always calls for lower land prices) denounced as sectional attack • So E can keep cheap labor • Rbt Hayne, SC takes Benton’s side • Wants to strengthen W/S alliance • If S supports cheap land in W; W will support lower tariffs • Gov endangers Union by imposing hardship on one section to benefit another!

  17. Webster – Hayne (2) • Webster, MA rebukes S’s who disparage Union • Lures Hayne into defense of state rights, nullification • Hayne defends SC Exposition • Union = compact of states. • Fed Gov, their agent, cannot judge its own powers • Would make powers unltd • Rather: states remain free to judge when gov oversteps const. auth. • Rt of State Interposition: (states interpose authority over fed law to thwart injustice) • As full & complete now as before Const

  18. Webster-Hayne (3) • Webster: from beginning, Rev= crusade of united colonies; not separate • Sovereignty resides in whole people • Fed gov, state govs = agents • **if a single state could nullify a law of fed gov then Union wd be a rope of sand • Practical absurdity • Instead: const created Sp Ct w/ final jurisdiction • Judicial Review • Practical outcome of nullification would be confrontation (CW) • Liberty and Union! Now and Forever! One and Inseperable!

  19. Jefferson’s B-day: 1830 • Toast • Jackson: Our Union- it must be preserved! • Calhoun: Union, next to Liberty, most dear.

  20. Jackson – Calhoun rift • May 12, 1830 • Jackson shown letter confirming Calhoun, Sec War in 1818, proposed disciplining Jackson over FL invasion • Flurry of tense letters • Jackson’s last note: Understanding you now. No further communication w/ you on this subject is necessary. • Jackson names Van Buren as minister to London • Announced plan to run in 32 w/ VB; likely successor in 36 • Senate had to approve; Calhoun led opposition

  21. Bank WarDefining moment in shaping the Dem. Party • 1832: draft resolution 4 charter renewal • VETO • Distrust of banks: • Shortage of gold/silver • Absence of paper money issued, regulated by fed gov • $ mostly notes: loans by private & state banks • Fluctuate in value – based on reputation, credit of bank of issue • Many wild cat (W) banks • Quick profits- issue notes w/o specie to redeem • Skipping town b4 being found out

  22. Bank War (2) • Farmers, workers want to be paid in real money • Gold; silver • Viewed bankers: parasites • Manipulating $$ & getting rich • Bank of US: New Pres- Nicholas Biddle, Phil. PA • underwrote econ expansion of 1820s • Charter good thru 36

  23. Bank War (3) • Campaign 32: Clay convinced Biddle to re-charter early • Sure of congress’ approval • Jackson couldn’t veto in campaign year • Enemy of sound banking? • Bank = symbol of privileged monopoly • Deprived Amers of chance to compete =ly • July 10, 1832 AJ vetoed • Took stand against all new grants of monopolies for advancement of few at exp of many

  24. Bank War (4) • Business community lashed out at AJ • AJ goes into election as champion of people against banking aristoc • Easily beat Clay: ‘Nat’l Repub Party’ • Found sec of treasury willing to sign order removing fed deposits from bank ‘33 • Bank reduced to seeking charter from PA as private corp • Gov deposited $$ into ‘pet banks’ • Result: too much credit triggered buying frenzy of W land • Prices shot up • 1836 Specie Circular: • Gold & silver only for land, etc • Hard times hit by 37 (Van Buren)

  25. Speculative bubble • Reached greatest extent by 1836 • Burst by Distribution Act- • Distributed gov surplus to states • Long time process (removes argument for cutting tariff) • Much surplus comes from sale of W lands • Alt: cut price on land? (W idea) • Lower tariff? (S idea) • Surplus used to pay off national debt by Jan 1835 • AJ opposed distribution; so surplus LOANED to states • As deposits, never demanded back • Distributions were taken out of state banks • State banks had to call in loans to cover transfers • Huge disarray • Specie Circular issued to stop fraud, cut out big speculators, stop extension of notes, credit • Irony: few settlers had specie; now at mercy of speculators!

  26. Boom & Bust of 1830s • Causes: • Mid decade inflation from increased specie payments from England, France, MX • For investments, purchases, esp cotton • Same time: Brit credits let Amers buy w/o exporting specie • Also: flow of specie to China ↓ • They now take Brit credits to cover growing opium imports from Br India • Therefore: specie reserves in US kept pace w/ ↑↑ in bank notes in spite of reckless banks • 1836 Brit econ ↓ • Brit investments ↓ • Demand for cotton ↓ • May 1837: VB in- NY banks suspend specie payment on notes • Fear of bankruptcies sets off bank runs • Brief recovery 38: bad wheat harvests in Eng • Good harvests return in 39- no imports needed; same year as bumper crop in US • Depression  mid 1840s

  27. Van Buren 1836 • Dem’s 2nd Nat’l Convention • Whigs have no conv • Send up many candidates • Webster, Hugh White (TN), Wm Harrison (IN) • Issues: in S whigs argue: VB soft on anti-slavery • Only White trusted • VB takes 170 electoral Votes- Old Kinderhook • Aka: Little Magician • VB: no popular base • Different style: reflective, weighed polit consequences • Appeared indecisive • Seemed to have no bold program • Inherited financial panic

  28. Panic 1837 • Gov land sales up from 4 mil (1833) to 20 million (1836) • Decade of boom; business cycle increased • EZ credit • Land spec • Amers pile up debt • Key foreign trade & credit = England • Late ‘36: Bank of E tightened credit on Br merchants in US • Incr. interest rates, decreased credit lines (afraid of specie drain to US) depression in E tips over US econ. • Brit demand for cotton declined • Price of cotton declined • No new loans • US expansion depended on Euro capital

  29. Panic (1) • US wheat crop failed; no exports • Wildcat banks go under • Gov lost 9 mil in pet banks • Working class hard hit- fall 1837 1/3 unemp • Rest take 30%-50% pay cuts • Cost of food, clothes soars • Churches, voluntary societies: sole help for indegent • VB & advisors think healthy shake down of speculators, bankers: not gov job to rescue farmers, businesses or provide relief • To stabilize econ: • Distribution of surplus postponed • Indep treasury adopted

  30. Panic (2) • Cotton = main security for most US banks, mercantile firms • Result: chain reaction; contracting credit, falling prices • Investors rush to convert notes to specie • Banks suspend payment • Panic hits New Orleans, Mar. 37  NY banks by May • Panic drags down whole econ • Bankruptcies are up investment capital down, business down • States stop all construction/ slash budgets • 9 states in S & W defaulted on bonds • Unemployment up  mass protest meetings in E • Fear of revolution • Brief recovery 38; another round credit contraction -> depression  43 • N.E. unemp  20% (unheard of) • Many farmers, planters fled W 2 avoid creditors

  31. Election 36 • Dems charged w/ starting depression • Opponents: Whigs- blame AJ’s destruction of bank • Gov interference in econ • Undermined business confidence • AJ forcing pet banks to replace small denom bank notes w/ hard $: made it worse • Issued Specie Circular large blocks land, only bt w/ specie • to break spec frenzy • May have helped spread panic by req transfer 2 W of specie when E banks strapped • Low reserves – can’t meet demand on bank notes

  32. Dem POV • Removing fed $ fm nat bank protects people fm paper aristocrats in banking & business • Policy contradicts Dem idea of ltd gov • Shifted $ to state banks  had to regulate or be accused of creating little monsters • Only way out: break connection between gov & banking

  33. Independent Treasury system • The gov deals w/ NO banks • Treasury does business in gold & silver only • T stores reserves in regional vaults (sub treasury) • Proposed 1837 • Approved 1840 after more bank failures • Result: prolonged depression • Specie locked in vaults= unavailable 4 loans, expansion of credit • Reduced money supply • Put ↓pressure on prices • Repealed in 1 yr • Restored 1846

  34. Other issues of VB term • Petitions to abolish slave trade in DC • Canadian insurrection & Maine border dispute • Malaise due to economy

  35. Election 1840 • Log Cabin & Hard Cider campaign • Whigish Jacksonian military hero: Wm H Harrison • Battle of Tippecanoe v Shawnees • Gov of IN • Anti-Masons like him • Tyler for VP brings in states rights wing • Baltimore “Republican” printed: upon condition of his rec’vg pension of $2k and a barrel of cider, Gen Harrison wd no doubt consider to w/d pretentions…. Spend days in a log cabin on banks of the OH • Whigs seized symbols to show Harrison as man of modest means

  36. Harrison • One of first families of VA • Lived in large farmhouse • Log cabins rolled thru streets w/ barrels of cider • Huge victory balls rolled through highways to symb snowballing support • Placards, emblems, campaign buttons, floats, effigies, rallies & newspaper: The Log Cabin used Jacksonian techniques to discredit VB • Showed him as aristocrat (really had humble start) • Van Van is a used up man

  37. OK • From newspaper fad 1830s: creating comical abbreviations • GTDHD: give the devil his due • OW: oll wright • OK: oll correct • Dems picked up OK for Old Kinderhook; start OK clubs • Whigs said OK was AJ’s creative spelling; insist he marked state papers this way • Whig cider barrels get marked OK

  38. Impact of Jackson Yrs • Voter turn out up from 26% 1824 to 78% in 1840 • Whig historians say AJ created spoils system • Revisionists paint him as author of new democ • Post revisionists: frontier nabob • AJ & supporters intended to return to Jeffersonian Repub of ltd gov; no alliances w/ bus (corruption)… allow free enterprise • How Jeffersonian was Jackson?

  39. Jefferson & JacksonCompared (Hofstatder)Backgrounds Jefferson Jackson Born in Carolinas to widow Dad died few months before 13: enlisted in Rev War 14: captured, tortured by Brits Lost family in war- Bro killed in action Mother died of prison fever (typhus) Inherited farm sized plot of land NC Education: sparse Apprentice to saddle maker 6 mo School teacher 6 mo Inherits 300£ from Irish relative Moved to Charleston- gambled, studied law @20: admitted to bar NC Moved to Nashville Rep’d creditors, helped collect debts Other lawyer in town rep’d debtors Wked up to local aristoc, land, slaves • VA aristocracy • Mom: Jane Randolph • Father died when TJ 14 • Inherits 2700 acres • Bondsmen • As adult: 10K acres, 100-200 slaves • Ed: William & Mary, excelled • VA Gentry, requisite 4 politics • 24: admitted to bar • 26 House of Burgesses (6 yrs) • 29 married • Studied whole life: sciences, religions, languages, agri, mechanics, engineering

  40. POV before presidency Jefferson Jackson Belief in code duello Response to insult of honor: call out Duelled w/ Charles Dickinson over horse race D missed J’s heart by inches bc of greatcoat Bullet lodged in ribs J fired; gun wouldn’t go off Fired again, stayed on feet till D pronounced dead Duel w/ Sen B Hart- later friends Tried to return bullet- running joke • War gov VA during Rev till age 38 • Retired; death of wife drove him back to work • 1785-89: min to France (post Franklin) • Bcms anti-industrialist • Angered by Eng’s exploit. Of workers; France’s of peasants • Confirms Republican views • Pro agrarian head of pop faction • For propertied intersts

  41. POV before pres (2) Jefferson Jackson Known for firey temper; quick loud opinions Fit Frederick Jackson Turner’s ideal of fronteir society self made man Solicitor at 22 @23: US Atty 29: congressman 30: senator 31: justice of Sp Ct of Tn Jobs = symbol of status to AJ Active in militia, rep as Indian fighter Land speculator Nat hero B. of New Orleans Rode national wave of increased suffrage • Wants Amer econ to be agri based • Minimize factories, cities, workers • Believes majority of men rise to top for profit, power • Believes checks & balances vital to survival of gov • Considered Federalist best work of practical principals of gov written • Objections to const: • No Bill of Rts • Allowance of more than one term for pres • Saw future founded on propertied class in propertied nation

  42. On banks Jefferson Jackson Disapproved of pop demand in Panic 1819 for laws to prevent imprisonment for debt Lost land & fortune mortgaged – to national bank Opposed banks, public debts, paper money, high tariffs, fed. Internal improvmts 1796: sold thousands acres to merchant, speculator for ‘notes’; Used to supply new general store he went under; defaulted on notes, left AJ liable for all debts Had to sell off estate, slaves Business failed, sold to partners Took 19 yrs to pay off debts- till 1815 Saved 22k, bought new estate: panic hit Opposed 2 yr suspension of debt repayment then pop By 1824: prosperity- issues: caucus, Battle of New Orleans • Anti banks as support for merchant class and industry

  43. Presidency Jefferson Jackson Expansion of democ & liberated captialism  rise of industrialism in E & settlement of W Typical American now a capitalist Opposed to Biddle’s bank: Small businessmen in E State banks Land speculators AJ vetoed bank recharter- said bank was not constitutional: gave industry a monopoly Re-elected, w/d gov $ from banks Wild cat banking grew Principle of business w/o privilege Hero to middle class: want unltd expanding opportunity • Fear of his atheism unfounded • Tried to pay off Hamilton based debts in 16 yrs; kept system • Reduced gov expenses • Abolished excise duties • Attacked judiciary, esp through Burr trial; no real effect on it • Thru LA purchase, widened agri expansion • No attempt to open up male suffrage • Tried to heal rift in parties • Laissez-Faire policy toward businesses • Pacifist: stayed out of Napoleonic wars • Used economic sanctions: embargo

  44. After Presidency Jefferson Jackson Returned to private life w/ enthusiasm Stayed pro-expansion of small businessmen • Resumed State’s Rights pov • Regrets Federalist turn Republican party took

More Related