HIST 1376 Lecture Notes - Lecture 22: Pet Banks, Martin Van Buren, Bank War
Document Summary
Jackson won the popular vote but john quincy adams won the presidency. Adams was viewed as a an aristocrat wealthy, didn"t have to work for his shit, pimp, entrepreneurial. Jackson: national hero, common char common ppl embraces. Majority rule: what the majority of people wanted, is what people get. Limited federal government: jackson believed you should have a weak, inactive federal government and not have it involved in the developing economy. a. ) no internal improvements coming from the federal economy. Why? intended northern industry/factories northerners supported protective tariffs southerners disliked the tariffs. Southerners feared europe would respond w similar tariffs. Doctrine of nullification: u believe u can nullify a fed law. #1 conviction: majority rule! tells southerners that you have to get the majority involved in legal action during jackson"s years of office another econ issue revolved around the national bank.