Transcript The End of the Jackson Era

The End of the Jackson Era
Chapter 10, Section 5
Jackson and the Bank
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In 1836, Andrew Jackson closed the bank of the United
States
Jackson referred to the bank as “a monster”.
Jackson believed that the bank only supported the
wealthy.
Although his intentions were good, Jackson’s closing of
the bank led to future problems.
8th President
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Andrew Jackson decided not to run for a
third term as president in 1836.
The Democrats selected Martin Van Buren
to run for president and in 1837 he wins
the election.
Martin Van Buren Fun Facts
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First president to be born an American.
His nicknames were “Old Kinderhook”,
“Sly Fox”, “Little Magician”, “Little Squirt”
The only president whose first language
was not English. (he spoke Dutch)
The Panic of 1837
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Shortly after Van Buren was elected president,
the United States went into an economic
depression. This was known as The Panic of
1837.
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The Panic was directly caused by Jackson’s closing of
the national bank
Thousands of businesses were unable to repay
bank loans. In turn they had to close. This left
many people unemployed.
Farmers struggled to sell their crops, and many
began to lose their farms.
Log Cabin Campaign
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Because of the depression, Martin Van Buren struggle in
the next election.
His opponent, William Henry Harrison, named his
campaign the “Log Cabin Campaign” because he wanted
to appear like an ordinary man, a “man of the people”.
“Tippecanoe and Tyler Too!”
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William Henry Harrison selected John Tyler, a planter from
Virginia, as his running mate and Vice President.
If you recall, William Henry Harrison had been a war hero. He had
defeated Tecumseh’s followers at The Battle of Tippecanoe and
later killed Tecumseh at The Battle of the Thames.
In the election of 1840 Harrison ran under slogan “Tippecanoe and
Tyler too”.
The Whigs Come to Power
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In 1840, William Henry Harrison (a
member of the Whig Party) would be
elected as President.
Harrison’s inaugural address
lasted for nearly three hours.
He spoke in the freezing cold
and rain. Unfortunately for
Harrison, he died less than one
month later of pneumonia.
John Tyler became the first vicepresident to gain the presidency
because the elected president
died in office.
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Nicknamed “His Accidency”
The Whigs are Removed
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Although Tyler had been elected vice president as a
Whig, he had once been a Democrat.
Tyler was a strong supporter of states rights and
actually vetoed several bills the Whigs wanted passed.
John Tyler’s lack of party loyalty outraged the Whig
Party so much they actually expelled Tyler from the
party.
“The Dark Horse”
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Because the Whig Party was so divided,
they would lose the Presidential election of
1844.
Democrat James Polk would be elected in
1844.