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TAMU HIST 105 - Hist 105 25

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Hist 1053/27/19Jackson run for a second term, with the issue of the National Bank and the Peggy Deacon affair. 20% of the national bank should have been public, to issue currency and hold the nations wealth. Can any institution serve two masters, public and private? 1819; for many Americans the bank became a monsterthat had gobbled up liberty and property.Two sorts of Americans, the Producers; the majority – hard working people who physically toiled for labor with land and other resources to create real tangible products. Called the bone and sinew of the country. The Non-producers; made up of the elite of the American population, the bankers and rich – personified by banker, lived well without having to do any physical labor; “Stealing” Parasites that lived well on the labor of men. 2nd bank of the United States created in 1816, push congress to pass legislation to renew the bank. Mark van Berean, close confident. Provocation, Jackson vetoes the renewal of the bank. Bank is unconstitutional; ruling of the supreme court didn’t bind the presidency – executive branch had same/ similar power to decide constitutionality of law. Believe that the bank raised national security concerns, too many English investors. Drives the bank out of business, downside destroys the bank and the collapse of the second bank that leads to the panic of 1832.Compound republic (James Maddison); two principle threats – based on balance between governments; can be upset by too much national or states rights. Opposition of bank is opposition to too much big government. But also oppose extreme states rights, extreme action from either government would threaten the compound republic. South Carolina opposition to tariff hit hard by the Panic of 1832, John C. Calhoun – nullification and secession. One state could declare a federal law, null and void, one state could declare the law of congress unconstitutional. If all the other states oppose the notion that one state could leave the nation and secede. 1832 -1833 Jacksons strong stand against nullification and secession is support for Compound republic; can be threated by strong national government and extreme states rights. Jackson and the Cherokee; Cherokee secede their land and assimilate – adopt a written language. Adoption of a representative form of government go as far as they can to assimilate. Unwilling to surrender all their land and culture. State of Georgia pushes hard against the Cherokee; gold had been discovered on their land. Go to supreme court of the united states; two cases – Cherokee Nation v. Georgia 1831 and Worchester v. Georgia 1832. Court says we don’t have jurisdiction, but they advise what sort of case the justices could find jurisdiction. Court tells Georgia to back off. States have no powerover indigenous people. Jackson says that since the Cherokee are in Georgia they are under their jurisdiction. Great tragedy of the Americas; Trail of Tears driven out of Georgia by the Army out to Indian Territory in Oklahoma; 4000 Men Women and Children die on the march. Darkest episode of the JacksonPresidency. New Race consciousness appears, white is superior black is inferior; identify white person as being superior in every way entitled to liberty citizenship and government. Wages Slaves, loss of manhood and dignity due to Market


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TAMU HIST 105 - Hist 105 25

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