Compare And Contrast Jackson And Haters

The Federalist Party came to an end after Daniel Webster’s last speech at the Hartford Convention. Soon thereafter, Andrew Jackson became president and as a result of some of his choices, many people in the South began to dislike him. These Jackson-haters joined together to create the Whig Party, formed to go against Jackson’s Democratic Party. Much like the Federalists, the Whigs supported a high protective tariff throughout the U.S. in order to raise more money for the government. The Federalists viewed Clay’s American System as a good structure and later, this system became the basis of the Whig Party. Also like the Federalists, the Whigs believed in a strong central government, supported the BUS, and were willing to compromise on the issue of slavery. Ultimately, the Whig party was just another name for the previous
Since the charter for the 2nd BUS was running out and Jackson was still going to be president, Nicholas Biddle, the BUS president, needed to protect the BUS; Jackson was against the BUS and Biddle knew he would veto a charter for another BUS. Webster, a hater of Jackson, came up with the idea to ask Congress for an early charter because Americans would then see that Jackson would veto it. So Congress approved and Jackson vetoed it; however, he was still reelected. Jackson took this as a sign and thought Americans wanted him to cripple the BUS so he told his Attorney General, Roger B. Taney, to take out all the federal money and put it into PET banks, which were smaller banks throughout America. This later caused inflation, then the Panic of 1837, and then a Great Depression. Everyone that opposed this action by Jackson began to hate him also, so they also joined the Whig party. With all these members, the Whig party was established as another dominant party, an alternative to the Democratic