THE TRIUMPH OF DEMOCRACY
I. Jackson vs. Calhoun
A. Peggy O. Eaton/Van Buren's influence
B. Van Buren's Discovery (1817)
C. Webster-Hayne Debate
D. Jefferson Birthday Dinner Toast
E. Nullification Crisis-1832
1. South Carolina Special Session
2. Jackson Gets the Force Bill
3. South Carolina learned a lesson
II. The Bank War
A. Jackson vs Biddle in the Bank War
1. Always controversial
a. Constitutional?, McCulloch, 1819 Panic,
b. Jackson's reservations
2. Jackson veto of the "monster"
a. Unconstitutional, Foreign Monopoly
b. "Elitist, Undemocratic, Hampers growth
B. Election 1832: Jackson-D vs Clay-NR--B.U.S. Issue
III. Jackson's Second Administration
A. Killing the Bank and Consequences
1. Jackson's "vindictive" reaction
a. Personal attack by "evil" forces
b. Taney removes money
c. Creates "Pet Banks"
d. Exaggerated Economic swings
2. Opposition reaction-Emergence of the Whigs
a. Biddle's counter attack (create eco crisis)
b. Clay censure-Anti-Jackson coalition = Whigs
3. Economic problems & "Species Circular"
B. Election of 1836:
1. Van Buren --Jackson's hand picked man
2. Harrison, White, Webster-Whigs
IV. Rise and Fall of Martin Van Buren
A. Van Buren's Only Administration
1. Political handicaps
2. Economic Woes
a. Panic of 1837: speculation, inflation
b. VB solution: Independent Treasury
C. Election 1840-Heyday for 2nd Party System
1. Van Buren--"Reluctant" Democrats
2. Whigs pick Harrison
a. Military Hero
b. Little known
3. First modern Presidential campaign
a. No issues-"Tippicanoe and Tyler Too"
b. Character, parades, alcohol
c. Large voter turnout-78%
4. Whig-Democratic philosophical difference
5. No important 3rd Party (Slavery?)