The Jacksonian Economy

Throughout presidential history, one easily concludes that most presidents bear a fairly similar purpose in their campaign. They strive for financial prosperity, unification of political outlooks, and overall steps in development in the quality of life. However, Andrew Jackson was an outlier in these terms.

Out of all the obstacles that the federalists had faced, the economy was, by far, the most problematic and the most difficult to find a solution for all parties. The country was not in a very stable position because of the recent crises like the whisky rebellion, or money-producing ideas such as bonds. Hamilton, Madison, and Jefferson played major roles in establishing the economy of the United States at the time, and also had a large role in the development of today’s government and economy. Without the ideas of these men, the United States economy may have the same problems today that the federalists faced then. And in the end, even though the idea of a national bank was redundant, that is what removed the United States from

The Bank War was the name given to the campaign begun by President Andrew Jackson in 1833 to destroy the Second Bank of the United States. The Second Bank had been established in 1816, as a successor to the First Bank of the United States, whose charter had been permitted to expire in 1811. In the veto message, President Jackson eagerly rejects a bill that leased the Bank of the United States. He argues that the Bank gives privilege and unfair advantage to a wealthy few at the expense of the public, and he opposes foreign ownership of Bank stock. The President claims the same right to interpret the Constitution as Congress and the Supreme Court when he questions the constitutionality of the Bank. The bank’s charter was unfair, Jackson argued in his veto message, that the bank was given significantly to much market power, specifically in the markets that moved financial properties from place to place in the country and into and out of additional nations. That market power enlarged the bank’s revenues and consequently its stock price, “which operated as a gratuity of many millions of dollars to the stockholders,”. Jackson proposed that it would be reasonable to the majority of

In Chapter 10 the book discussed about the Jacksonian Era. During the Jacksonian Era there were several events and policies that occurred that lad the United States to major changes in our government and economics. The Jacksonians wanted to democratize the United States political procedure and try to grow the U.S. economic opportunity for those that would be seen as the “common man.” One of the events to have occurred during the Jacksonian Era was the Second Bank of the United States. The Second Bank of the United Sates was a national bank authorized by Congress, which became the largest business in the nation, which produced a stable currency. During the Jacksonian Era not only was there economic change, but there was territorial change.

Jacksonian Democrats help create a more democratic America and because of this, believed themselves to be many things, real and fictional. In most cases they perceived themselves as defenders of equal economic opportunity, even though they sometimes put their own interests before those of the people. They also thought of themselves as guardians of political democracy, while at the same time using class differences to their advantage and emotionalized speeches, lacking real intellectual merit, to stir support. Jacksonian Democrats felt that they were the protectors of the Constitution and of individual liberties but many times they put their rivalry with the Northeastern industry and Whig politics before these things. While Jacksonians

The Jacksonian democracy of the 1820s-1830s is often associated with an expansion of the political influence, economic opportunities, and social equality available to “the common man,” a concept of the masses which President Andrew Jackson and his newly founded Democratic party came to represent. The new administration certainly saw gains for the majority; namely, public participation in government increased to unprecedented levels, and several economic decisions were made to favor the people over monopolies. Beginning with their exaggerated portrayal of the “corrupt” 1824 election however, the Jacksonian democrats also left a legacy of substantial miscalculations

The documents in “The Age of Jackson”, fall into two themes, government development and territory advancement. The government development is the theme of “John C. Calhoun Argues for the Right of States,1828” in document one, “Daniel Webster Lays Out His Nationalist Vision,1830” in the second document, “Andrew Jackson Condemns the Right of Nullification and Secession, 1832” in the third document, “Historian George Bancroft Assert His faith in the Wisdom of the people, 1835” in the fourth document, “John L. O’Sullivan, a Democratic Newspaperman, Venerates Democracy and the “Democratic Principle” in the sixth document, and “Michel Chevelier, a French Visitor, Marvels at the pageantry of Policies, 1839” in the seventh document. Moreover, the territory advance is the theme of “Lieutenant-Colonial Jose Enrique de la Pena Defends Mexico’s Actions against the Texans” in the fifth document, “John L. O’ Sullivan Defines “Manifest Destiny” in the eighth document, “Senator Thomas Hart Benton Justifies White Supremacy” in the ninth document, and “Senator John Dix, Advance into Mexico” in the tenth document.

Since the creation of the United States Constitution, the many leaders of our nation took different roles in trying to attain perfectionism for their country. From the federalist views of John Adams to the democratic views of Jefferson, America was experiencing the endeavor that was being a young nation in the midst of the 19th century. The emergence of John Quincy Adams in 1820 started an “Era of Good Feelings” with exceptional political advancements and economic achievements. While Jackson’s democratic views were not always what were expected, during his presidency, the country grew national and world attraction. Through periods of boom and bust, political and economic changes in America undeniably helped reshape society between the years 1820 and 1848 with the emergence of new and innovative advancements.

Throughout the period of 1820-1830, Jacksonian Democrats created a vastly popular political party. They were, of course, led by Andrew Jackson, a war hero and a man of the people. Jackson's followers who created the party were also "for the people." Such ideals were shown throughout various times within the period. The democrats were essentially guardians of the United States Constitution and, similarly, were protectors of individual liberties. In addition to this, the Jacksonian Democrats promoted political democracy, and also the equality of economic opportunity. Thus, the Jacksonian Democrats clearly served as protectors of the people, their individual liberties, their Constitution, their economic opportunities and their political

The life of every American citizen, whether they realize it or not, is influenced by one entity--the United States Supreme Court. This part of government ensures that the freedoms of the American people are protected by checking the laws that are passed by Congress and the actions taken by the President. While the judicial branch may have developed later than its counterparts, many of the powers the Supreme Court exercises required years of deliberation to perfect. In the early years of the Supreme Court, one man’s judgement influenced the powers of the court systems for years to come. John Marshall was the chief justice of the Supreme Court from 1801 to 1835, and as the only lasting Federalist influence in a newly Democratic-Republican

Although the “Age of Jackson” wasn’t a time era, which brought forth a great political, social, or economic freedom and equality to the U.S., it did in fact put our country through a metamorphosis in our political lives of the nation. The start of a new presidency (Jackson’s presidency) was accompanied by huge numbers of Hickoryites (Jacksonian supporters) and official hopefuls. Many of these hopefuls were granted their desire of holding office, which is one of the changes brought into Washington by Andrew Jackson.

During 1816 Congress chartered The Second Bank of the United States. Two year later in 1818, the state of Maryland passed legislation to impose taxes on the bank. The cashier of the Baltimore branch of the bank, James W. McCulloch, refused to pay the tax. An unanimous decision, the Court held that Congress had the power to incorporate the bank and that Maryland could not tax instruments of the national government employed in the execution of constitutional powers. Chief Justice Marshall noted that Congress possessed unremunerated powers not explicitly outlined in the Constitution. Marshall also held that while the states retained the power of taxation, "the constitution and the laws made in pursuance thereof are supreme.. they control the constitution

According to British author, Harriet Martineau, America was the threshold towards success. This was proven through her statement in Society in America stating, “I had been less than three weeks in the country and was in a state of something like awe the absence of poverty, of gross ignorance, of all servility. “ (Document D). It’s questioned whether or not this assessment or view was very accurate, especially with the given time period. Yet, to those who were Jacksonians, they lived by that idea.

How Democratic was Jacksonian Democracy? Society identified the United States as a representative democracy that elected officials to make decisions for the citizens. Several leaders in the course of history had tried to change America’s government. Andrew Jackson, one such leader, wanted a true democracy for his chosen people, the common men, which were white males only. He made several changes within the economy and politics that furthered his dream of freedom despite many being against him.

Topic: Jacksonian Democrats viewed themselves as the guardians of the United States Constitution, political democracy, individual liberty, and equality of economic opportunity.