Andrew Jackson was aTerrible President!
In the face of economic contraction and political opposition, Van Buren maintained his course. Woodrow Wilson wrote: "The President and his spokesmen had nothing to propose for the relief of business. He believed, as Mr. Calhoun did, that palliatives would only prolong the unavoidable misery of readjustment and the return to sound methods of business, the substitution of real for fictitious values and of production for speculation, and that, bad as they were, things would right themselves more quickly and more wholesomely without the intervention of legislation than by means of it. His plan was, to cut once for all the connection of the government with the banks, and provide for the custody, handling, and disbursement of the revenues by the Treasury alone. For three years, through two Congresses, he fought doggedly for his purpose; and won at last in midsummer, 1840. Then he got exactly what he wanted. An `Independent Treasury Act,' signed July 4, 1840, provided that the Treasury of the United States should itself supply vaults and places of deposit for the revenues, at Washington and at other cities appointed for their receipt; that all federal officers charged with their receipt, safe keeping, or disbursement should be put under proper and sufficient bonds for their careful and honest use and custody; and that all payments thereafter made either to or by the United States should be made in gold or silver only. It had not been possible to bring the first Congress of Mr. Van Buren's term to accept this scheme. Twice adopted by the Senate, now at last Democratic, it had been twice rejected by the House, where a section of the Democratic majority united with the Whigs to defeat it. Meanwhile the President had been obliged to do without law what he wished Congress to authorize by law. The banks of deposit had suspended payment; there was nothing to be done but to direct the agents of the Treasury to keep and account for as best they could the moneys which came into their hands. Meanwhile, too, the country went staggering and bewildered through its season of bitter ruin. There had been nothing like it before in all the history of business in America. Utter collapse and despair came, soon or late, upon every sort of undertaking the year through. 147
Andrew Jackson Was A Bad President!
Andrew Jackson was America's worst 'great' president
I would have voted for Andrew Jackson because he was just the obvious choice, i just really need help with writing the essay, i have a 61 in this class because i had a sinus infection for two weeks :/
Essay on Andrew Jackson as a bad president - 491 Words
Biddle was financially savvy but ultimately politically inept. As Biddle was growing in financial stature, his future nemesis, General Andrew Jackson, was growing in political stature. Biddle took over just before the 1824 presidential election in which John Quincy Adams replaced James Monroe as president. It was a controversial election in which Jackson thought he had been robbed of a rightful victory in the House of Representatives by a coalition of supporters of Adams and Henry Clay. Jackson was a hard-money man who strongly distrusted banks, paper currency, and government deficits. Jackson styled himself the outsider. Biddle and his friends were insiders. John Steele Gordon wrote: "By the time Biddle became president, most of the animosity against the bank had disappeared, thanks to economic recovery and sound policy on the part of the bank. It was not an issue in the presidential campaign of 1824 - when Jackson won a plurality of the popular vote, but lost in the House of Representatives to John Quincy Adams - or in 1828, when Jackson exacted revenge by winning a smashing victory over the unpopular Adams. Biddle voted for Jackson in both elections." 20 Jackson represented a new wave of populist politics. Biddle stood for the power of the elite and financial stability. Biddle was the enemy. Historian Jenny B. Wahl wrote: "Leery of the Bank's size, wealth, and power, Jackson also mistrusted any form of money other than gold or silver." 21