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Jacksonian Democrats Vs. The Whigs Essay

1652 words - 7 pages

Throughout the 1830-1840’s the opposing governmental parties, the Jacksonian Democrats and the Whigs, undertook many issues. The Whigs were a party born out of their hatred for President Andrew Jackson, and dubbed his harsh military ways as “executive usurpation,” and generally detested everything he did while he was in office. This party was one that attracted many other groups alienated by President Jackson, and was mainly popular among urban industrial aristocrats in the North. On the other hand, the Jacksonian Democrats were a party born out of President Andrew Jackson’s anti-federalistic ideals that was extremely popular among southern agrarians. A major economic issue that the two parties disagreed on was whether or not the United States should have a National Bank. Along with the National Bank, the two parties also disagreed on the issue of the Protective tariff that was enforced to grow Northern industry. Politically, the two parties disagreed on the issues of Manifest Destiny, or expansion, and ultimately Slavery. While the two parties essentially disagreed on most issues, there are also similarities within these issues that the two parties somewhat agree on.
The issue of whether or not America should have a National Bank is one that is debated throughout the whole beginning stages of the modern United States governmental system. In the 1830-1840’s two major differences in opinion over the National Bank can be seen by the Jacksonian Democrats and the Whig parties. The Jacksonian Democrats did not want a National Bank for many reasons. One main reason was the distrust in banks instilled in Andrew Jackson because his land was taken away. Another reason is that the creation of a National Bank would make it more powerful than any other private bank, essentially creating a new branch of government. Gradually, throughout his presidency, Andrew Jackson would withdrawal money from the National Bank and place them in other private banks dubbed “pet banks”. This helped the downfall of the National Bank. Overall, the Jacksonian democrats did not want a National Bank due to the amount of power it, and its investors, had in controlling the Nation’s economy.
In contrast to the Jacksonian Democrats, the Whig party favored the National Bank greatly. The Whigs believed that the Nation absolutely needed to have a strong National Bank in order to keep a strong economy. While Andrew Jackson, the leader of the Jacksonian Democrats, was President during 1824-1837, he planned to veto the bill regarding the rechartering of the National Bank. The Whig leaders, Henry Clay, Daniel Webster, and John C. Calhoun, were deeply disturbed by this action and tried to push for the renewal of the bank 4 years earlier to make it an election issue in 1832. While the issue of the National Bank will not be completely solved until 1912, the Jacksonian Democrats ensured that the National Bank would be eradicated and the funds of the federal government would be in the hands of...

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