150 likes | 350 Views
Bank War!!. Bank War!! Jackson despises Nicholas Biddle and the National Bank! (only helps wealthy). Bank War!! Jackson despises Nicholas Biddle and the National Bank! (only helps wealthy) -Henry Clay wants to use the Bank (and it’s popular support) to beat Jackson in 1832 election.
E N D
Bank War!! • Jackson despises Nicholas Biddle and the National Bank! (only helps wealthy)
Bank War!! • Jackson despises Nicholas Biddle and the National Bank! (only helps wealthy) • -Henry Clay wants to use the Bank (and it’s popular support) to beat Jackson in 1832 election
Bank War!! • Jackson despises Nicholas Biddle and the National Bank! (only helps wealthy) • -Henry Clay wants to use the Bank (and it’s popular support) to beat Jackson in 1832 election • - Jackson wins election, pulls government money, bank dies in 1832.
Panic!! William Henry Harrison Hugh Lawson White Ohio Tennessee Willie Person Magnum Martin Van Buren Democrat Daniel Webster Massachusetts North Carolina Election of 1836
Election of 1836 Whigs Democrats New party included former National Republicans and other anti-Jackson forces Jackson’s vice President, Martin Van Buren Gets a lot of support due to Jackson’s popularity Several candidates who are not very well known
Panic!! • - Martin Van Buren (Democrat) defeats Whig opponents (National Republicans / Anti- Jackson forces) in 1836 Election • Panic of 1837 (turns into • a Depression)
Panic of 1837 Land values drop Investments declined Banks failed
Panic!! • - Martin Van Buren (Democrat) defeats Whig opponents (National Republicans / Anti- Jackson forces) in 1836 Election • Panic of 1837 (turns into • a Depression) • - Van Buren uses laissez-faire approach, Panic Continues (supporters turn)
Whigs!! • William Henry Harrison uses hero status, and log cabin to win in 1840
Whigs!! • William Henry Harrison uses hero status, and log cabin to win in 1840 • - Harrison dies from pneumonia, John Tyler takes over.
Whigs!! • William Henry Harrison uses hero status, and log cabin to win in 1840 • - Harrison dies from pneumonia, John Tyler takes over. • -Tyler disagrees with Whig policies, gets little done, Whigs (1844 loss to James Polk). Harrison, Taylor and Fillmore are the only whig presidents! !