Chapter 11, Section 3 Flashcards
Nicholas Biddle
The Bank manager who boasted he had Congress in his pocket from lending so much money to them and he tried to defeat Jackson in the election by going to Congress and asking for a renewed charter and once Jackson got the Bill he would veto it which would lead the people to hate him(didn’t happen)
Jackson’s views on the Bank
He didn’t like it and thought it was too powerful, he did not think private industries and the federal government should work together, he knew that the Bank would lend money to Congressmen so they would need to give back to Bank and they would vote in Bank’s favor, and he thought it favored the wealthy
Veto
Reject
Election of 1832 issues
There was a big problem with the Bank getting a new charter which Jackson didn’t want because he thought it favored the wealthy so he vetoed the charter which was supposed to hurt him but ended up helping him
Election of 1832 results
Jackson reelected for second term and won in landslide
Pet banks
The banks that Jackson “favored” by putting the government funds in them
Martin van Buren
Andrew Jackson’s Vice President who became president but to his bad luck had to deal with the Panic of 1837 which he did nothing to resolve
Whigs
The new party that ran against Martin Van Buren that had the same ideas as the National Republicans but they only had the presidency for a short amount of time
Inflation
When the prices go up because too much money is being issued
Panic of 1837
A time period during Martin Van Buren’s presidency in which businesses closed, people lost their jobs, prices rose, and there was homelessness
Depression
A period in which business and employment fall to a very low level
Van Buren and the depression
He was a believer in Laissez- Faire so he didn’t do much to help the people
Election of 1840
It was between Martin Van Buren and William Henry Harrison with John Tyler that William Henry Harrison and John Tyler won
Log cabin campaign
It was William Henry Harrison’s campaign picture to get the Western farmers that Andrew Jackson attracted and to show that he was a man of the people
Tippecanoe and Tyler, too
William Henry Harrison’s election slogan because he was the general at the Battle of Tippecanoe and John Tyler was his Vice President so in order to get the farmers in West to vote for him, he reminded them about something that was close to them
King Martin
It was what the Whigs referred to Martin Van Buren as to show he was a wealthy snob
William Henry Harrison
The ninth president of the United States who won the Election of 1840 by showing he was a man of the people but died of pneumonia four weeks after becoming president
John Tyler becomes president
Within a few weeks of office, William Henry Harrison died of pneumonia so Tyler became president
John Tyler’s actions as president
He was originally a democrat so he acted like a democrat, supporting states’ rights and vetoed laws passed by Whigs like a new charter for the Bank
Election of 1844
It was Henry Clay vs. James Polk and James Polk won
James Polk
The Democrat candidate in the Election of 1844 who beat Henry Clay in the election