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Jackson's Presidency (Battle with the bank (Bank War (Jackson used…
Jackson's Presidency
Battle with the bank
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Panic of 1837
Profit, prices, wages went down while unemployment went up
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Nullification Act
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South Carolina increased tension by holding a special convention to nulify both the 1828 tariff and a new tariff of 2832
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Confirmed Calhoun's theory of nullification that said each state had to right to decide whether to obey a federal law or to declare t null or void
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SC became first state to secede from the Union, followed by the establishment of the confederate states of America
Indian Removal Act
Negotiate with southern Native American tribes for their removal to federal territory west of Mississippi River in exchange for their land
Trail of Tears
4000 died of hunger, cold and diseases
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Allowed for the trade or exchange eastern tribal lands for those districts, allowed for the native Indian tribes to be compensated for the cost of their removal and the improvements on their homesteads, allowed to pay one year's worth subsistence to those native Indians who relocated to the west
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