The Indian Removal to The Bank War
in 1828, Indian Removal was a key campaign promise for Jackson
especially Creeks, Choctaws, Chickasaws, Cherokees, and Seminoles in the Southeast
about 60,000 people total
occupied prime cotton land
1830, Congress passed the Indian Removal Act
strong resistance by Native people and white allies
Jackson portrayed removal as voluntary and protective of Native people
in practice, thousands died in forced removals
Jackson blamed the Second Bank of the United States (BUS) for the panic of 1819
not an important campaign issue
personal for Jackson
Jackson starts battle of egos with the BUS president Nicholas Biddle
debates and attacks in public and print
1832 (election year) Congress renewed BUS charter early
Jackson vetoed, but old charter was good through 1836
Jackson kept attacking
ordered the cabinet to stop depositing federal money in BUS
switched to selected state banks instead, “pet banks”
sparked controversy:
supporters: defending the poor against the rich
opponents: abuse of power, threat to private property, class conflict
probably hurt the economy more than helped
many leaders left the Democratic Party
helped push opponents to organize the Whig Party
in 1828, Indian Removal was a key campaign promise for Jackson
especially Creeks, Choctaws, Chickasaws, Cherokees, and Seminoles in the Southeast
about 60,000 people total
occupied prime cotton land
1830, Congress passed the Indian Removal Act
strong resistance by Native people and white allies
Jackson portrayed removal as voluntary and protective of Native people
in practice, thousands died in forced removals
Jackson blamed the Second Bank of the United States (BUS) for the panic of 1819
not an important campaign issue
personal for Jackson
Jackson starts battle of egos with the BUS president Nicholas Biddle
debates and attacks in public and print
1832 (election year) Congress renewed BUS charter early
Jackson vetoed, but old charter was good through 1836
Jackson kept attacking
ordered the cabinet to stop depositing federal money in BUS
switched to selected state banks instead, “pet banks”
sparked controversy:
supporters: defending the poor against the rich
opponents: abuse of power, threat to private property, class conflict
probably hurt the economy more than helped
many leaders left the Democratic Party
helped push opponents to organize the Whig Party