DBQ Andrew Jackson Andrew jackson was the first one to actually move the indians even though other presidents spoke to do it but never did. Andrew said that if they wish to stay they have to follow the country’s law’s. .he moved them somewhere where Lewis and Clark said was a dessert. When he moved them that gave us a lot more land to grow our population and more farm land. But as soon as they figured out that the farmland over were they moved, the American’s moved the indians again. Andrew Jackson hated the national bank. The national bank had too much power, he had people spy on the bank and Jackson found out that when they gamble and lose they charge the bank. But when they win the all split it in evenly between them. So he said by the
War on national banks/economic decision: Jackson did not like the bank he said that the bank was unconstitutional Jackson hate on bank became a big issue in the presidential campaign of 1832 Henry Clay said that Andrew Jackson wanted to much power as the president When Andrew Jackson became president again he thought that that meant that the public approved his opinion on destroying the national bank on Andrew Jackson second term his goal was to destroy the bank before its charter ended in 1836 eventually the bank went out of business Jackson won the war but the economy was the victim. Andrew Jackson ended up getting rid of the National Bank and with the money that was in the bank he took it out and gave the money to a lot of smaller banks
Andrew Jackson believed the banks to be corrupt which is the reason that he declared war on them. The First Bank’s charter ended in 1811, so with the War of 1812 and no bank, the country suffered financially and many people were in debt. That’s why in 1816, another bank was chartered and it became known as the Second Bank of the United States. Eventually, the bank grew and had supreme economic power with over 35 million dollars in capital. Most of the money was put into it by investors whereas some was put into it by the government that owned one-fifth of the bank.
However Jackson believed that the bank was unconstitutional. He was not very fond of the fact that the wealthy people in the country benefited from the bank, while the people in poverty did not. Like many other Americans at the time, Jackson strongly believed that the National Bank had too much power, however he also believed that the bank was bad for the economy which was not true. The National Bank strongly backed the United States economy. Many knew this, including Henry Clay, who knew that if the bank no longer existed the economy would soon fall apart.
Henry Clay, who is going against Jackson, proposes the bill to bring the bank’s issues in the next election. BUT, in addition to opposing the idea of the Second Bank, Jackson gained more popularity. The Second Bank was created in the aftermath of the War of 1812. People had blamed that bank for the Panic in 1819 and Westerners/Southerners believed that the bank had only benefited the North. Though the bank could help with money supply, the bank still have opponents, which President Jackson is one of them.
Andrew Jackson was very against the growth of the new upcoming banking system in the
When the regular white miner reached the land, they were expecting to get half million dollars in gold, but they got less than five dollars a day from gold alone. The government would force the Indians off their land and sell it to the whites. The Indians would demand a treaty from the government, which the government would make, ignore, and force more land off the Indians. The Indians would once again demand a treaty, and the same results would happen. Andrew Jackson with a history of thinking that removing Indians form their native land and moving them away, even at gunpoint; eventually decided to sign the Indian Removal Act when he became president.
The Federal Government deposited all it’s money in the Bank of the United States. Once Jackson was reelected in office he ordered the Secretary of the Treasurer to put the federal government’s money into state’s banks that are also called pet banks. Once the federal funds were gone and the Bank’s charter ran out the Bank went out of business. Just because Jackson didn’t like the bank he purposely destroyed it. The House of Representatives voted that the federal government’s money should stay in the Bank of the United States but Jackson did not care and ordered that the fund be placed into state banks (Jackson’s Economic Issues).
The now president Andrew Jackson, had little sympathy for the Indians and ignored the supreme court’s ruling, he was determined to remove the Cherokee at all coast. In the Removal Act of 1830 Congress provided Jackson the founds he needed to negotiate new treaties and resettle the tribes west of the Mississippi, this migration is known as the Trail of Tears, the Indians “traded” 100 million acres of land east of the Mississippi. (Document
Andrew Jackson was elected to be the 7th president of the United States during 1828. Andrew got rid of the Bank of America and forced the migration of Native Americans, otherwise known as Indians. Andrew Jackson was famous for many things one being his military work, but also creating the Indian Removal Act. President Jackson had a tough life, being left with the death of his family at age 14 he had to mature at an early age. After getting a law degree in 1787 afterwards moved to Nashville and became a wealthy landowner.
As a growing country America needed a strong trustworthy bank that could lend and borrow money as if it was a daily routine. Jackson denied the idea of a bank because it supported the national power which was not "common man" which was he stood for. Letting his hate for the national bank overcome his mind he tore it down like a savage. George Washington and Alexander Hamilton had instilled the National Bank to serve as a safe haven for federal funds, but Jackson saw it as a privilege for the rich. Jackson, being narrow minded, never thought about the rich or how his action towards the National Bank could hurt not only the rich but the poor.
Jackson 's push to abolish national banks other wise known as "the bank wars" was one of his more well known pushes for small government. In 1832, Jackson had vetoed a bill calling for an early renewal of the Second Bank’s charter, but renewal was still possible when the charter expired
In the document “Jackson Battles the Bank”, it shows Jackson fighting off a monster, or the national bank, with a veto stick. Jackson was fighting to destroy the national bank. He wanted to do this because it favored the rich and not the common people. He was fighting for people to have equal rights. Instead of having no bank at all, he came up with the idea to create state banks which wouldn’t be as powerful as the National Bank.
In this attack, he moved about 20% of United States’ money into private banks. These banks were known as ‘’pet’’ banks because they politically supported Andrew Jackson. This causes what we know as The Bank War. Andrew Jackson enlarged credit by doing away with the bank. Andrew Jackson then moved the money from those banks into the private ones that only supported him.
He mistrusted paper money greatly, as well as believed in power to the common people. Andrew Jackson feared the Bank’s power. He was afraid of the Bank becoming stronger and lending that power to the elite without holding accountability towards them, something he believed great powers should have; accountability. Jackson specifically stated that he believed the Bank made “the rich richer and the potent more powerful.” Jackson liked the so-called farmer’s economy since it motivated people to be hardworking and independent.
Thesis: Andrew Jackson should not be on the $20 bill. Topics: Jacksonian Democracy: Jacksonian Democracy meant a different way of viewing democracy. The whole democracy changed because of Major General Jackson. Major General Jackson changed what Democracy meant from what Jefferson thought it should mean.