September 31, 2012
Alexander Hamilton’s plan for a National Bank created controversy in our country. The argument was whether it was “constitutional”. Despite warnings from George Washington two political parties were created. Hamilton led the federalists and Jefferson led the Democratic-Republicans. After the War of 1812 our country entered an Era of Good Feelings in which there was only one political party, the Democratic-Republicans.
Only 8 years later this Era came to an end with the election on 1824. There were 4 candidates running for presidency: John Quincy Adams, Andrew Jackson, Henry Clay, and William Crawford. Andrew Jackson had the most electoral votes, but it was not a majority, so the voting went to the House of Representatives. John Quincy Adams and Henry Clay made a deal that came to be known as the Corrupt Bargain. Henry Clay being the speaker of the house knew he would have an opportunity to sway the votes. He promised to help Adams if, when elected he made Clay the Secretary of State. John Quincy Adams was elected the sixth president of the United States. This Corrupt Bargain led to much tension between Adams and Jefferson. The United States once again had two political parties, The Democratic-Republicans and the National Republican. Later in 1832 the political parties will change again to the Whigs and the Democratic-Republicans.
Henry Clay was a major personality in the creation of two-political parties. He used his power as Speaker of the House to his own advantage, stealing the presidency from Jackson. Henry Clay made this deal to ensure him becoming Secretary of State because it seemed to lead to presidency. The Corrupt Bargain led to the splitting of our political party. Henry Clay also creates the American System. The American System included internal improvements, a National Bank, and a protective tariff. While the American System was instated, the democrats disagreed to help...
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