Ch. 11 section 3 Word Scramble
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| Term | Definition |
| Bank of the United States | 1) Jackson attacked - felt it was for wealthy Easterners 2) held Fed. 's money 3) controlled the country's money supply 4) strict lending policies - western settlers disliked 5) run by private bankers 6) bank pres. Nicholas Biddle |
| Henry Clay & Daniel Webster | 1) friends of Biddle 2) persuaded Biddle to apply early for a new charter 3) Clay & Webster thought the bank had popular support 4) Jackson vetoed the renewal |
| Election of 1832 | 1) bank issue played a role in the election 2) most people supported Jackson's veto 3) Jackson withdrew all of the government's money 4) the bank closed because the charter wasn't renewed |
| Election of 1836 | 1) Democratic candidate Martin Van Buren 2) faced opposition from the Whig party - new political party 3) Van Buren won |
| Panic of 1837 | 1) land values dropped 2) investments declined 3) banks failed 4) businesses closed 5) cotton prices fell 6) people lost their land & could not afford rent or food 7) laissez-faire - gov't should not interfere with the economy or very little interference |
| Panic of 1837 cont. | 8) Van Buren convinced Congress to establish an independent federal treasury 9) gov't would store its money there 10) Democrats & Whigs criticized the act 11) it split the Democratic party and gave the Whigs a chance at the 1840 election |
| Log Cabin Campaign | 1) Whigs - Wm. Henry Harrison 1812 war hero & John Tyler - VA planter 2) slogan "Tippecanoe and Tyler, Too" 3) showed Harrison in front of log cabin even though wealthy 5) ridiculed Van Buren as "King Martin"- wealthy snob 6) Harrison won by wide margin |
| Log Cabin Campaign cont. | 7) Died of pneumonia 32 days after inauguration 8) Tyler was first vice president to become president because the president died |
| Tyler's Presidency | 1) elected as a Whig 2) once a Democrat 3) vetoed Whig bills 4)lacked party loyalty 5) most of cabinet resigned 6) Whigs expelled him from party 7) Whigs voted by sectional ties - North, South West 8) Whig Henry Clay lost 1844 election to James Polk |
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