Chapter 10 Flashcards
(13 cards)
Henry Clay
Henry Clay the chief advocate of this economic nationalism in Congress, dubbed it the American system. Clays system consisted of three parts: protected traffs, renewal of the national bank and internal improvements
What was Americas first protectionist legislation?
The Tariff of 1816
Internal improvements
Another key elements of the American system was internal improvements funding for roads, candles, and harbor developments that would bolster commerce and communications
Corporate bargain
Four men through their hat into the ring as candidates for president in 1824. William H Crawford of Georgia was the choice of the dying congressional cause, a fact that did him more harm than good.
National Republicans
The nationalist thrust became a distinguishing Mark of Adams wing of the party, which became known as the national Republicans. The Jackson wing kept the old name Democratic Republicans, but eventually drop the Republican Party, keep in the name by which the party is still called, the Democratic Party.
John C. Calhoun
Jackson and his running mate, John C Calhoun of South Carolina, won by a landslide, getting 56% of the popular vote vote and electoral tally of 178 to 83
Kitchen cabinet
Jackson’s real advisers were a close circle of friends that critics called his kitchen cabinet. It included newspaper editors, prominent Democrats in Congress, and to Secretary of State, Martin Van Buren, - all political insiders.
Bank of the United States
The major campaign issue as Jackson face to be election in 1832 was the future of the bank of the United States. Jackson had little understanding of banking practices had a western distaste for banks nonetheless
The anti-Masonic party
A third-party, the anti-masonic party, arose shortly before the election, stimulated by the questionable activities of the Masonic Lodge and other secret societies.
Specie Circular of 1836
Jackson attempted to slow the spiraling inflation by issuing the species circular of 1836. It ordered the probation of the use of anything except gold or silver coin spice, or hard money for the purchase of public land.
Indian removal policy
When he took office, Jackson pursue the Indian removal policy zealously. Under his administration, no less than 94 treaties were made with the Indians, some of them forcibly
Trail of tears
The Cherokees and other civilized Tribes were forcibly moved west to what is today Oklahoma. the hard journey from their homes resulted in the deaths of many Indians became known as the trail of tears
Panic of 1837
Just weeks after Van Buren took office, the economy collapsed, pulling the country down into the deep five your depression known as the panic of 1873.
