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24 terms

AP US; Unit III (part 7)

Unit III test, 10/28
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Jackson
This man dislikes the National Bank, and destroys it; thought it favored the elite and was unconstitutional; wanted cheap money in the West to help Westerners to buy land (bank wasn't lending enough); banks were foreclosing on Westerners
Nicholas Biddle
Jackson hated this man, who was the President of the National Bank, because he thought that he was supporting his opponents
Henry Clay
He passes a bill for the rechartering of the third National bank, but Jackson vetoes it
Republican
In the Election of 1832, Henry Clay runs for this party
Democrat
In the Election of 1832, Andrew Jackson runs again for this party
Martin Van Buren
He is selected VP for Jackson
bank
This is the #1 issue during the election
Anti-Masonic Party
This third party who runs for Presidency felt that the secret Mason society had too much political power
Pet Banks
The way Jackson destroyed the bank: withdrew money from the National Bank and deposited much of it in state banks owned by his friends
increase
By 1834, does land speculation increase or decrease?
Whig Party
A new political party against Jackson (key figures: Calhoun, Clay, Biddle)
Jackson
Who wins Presidency in the Election of 1832; Republicans vs Democrats vs Anti-Masonic Party vs Whig Party
specie circular
Document that requires hard cash (gold, silver) for land purchases, hurts the economy
Martin Van Buren
He runs for the Democrats in the Election of 1836
Whig
Running against Van Buren in the Election of 1836 are several members of which party?
Panic of 1837
Economic depression caused by: overspeculation (specie circular), England's economic recession (trade), overspending by states, failed banks
Independent Treasury System
Van Buren comes up with this system: anytime the government sells land, they will put the money in the Independent Treasury
Martin Van Buren
Who ran for the Democrats in the Election of 1840?
William Henry Harrison
Who is the war hero nominated by the Whig party for the Election of 1840?
John Tyler
Harrison's VP (1840)
Liberty Party
A new party against slavery, nominated Birney to run in the Election of 1840
Circus tactics
The tactic used by the Whig party, focused on campaigning
1
How many months into the Presidency did Harrison get to before dying?
Preemption Law
Tyler takes over Presidency in 1840, and comes up with this law that gave priority to the squatters in the West for buying land that goes up for sale