a specie circulation requiring all public lands be par in $$silver$$ and $$$gold$$$
Yes, very much. The bank heavily favored lenders from the NE establishment and tended to slight western farmers and land speculators who wanted loans. Later, after Jackson became President, the bank essential became an arm of anti-Jackson people. Since the Jackson supporters were mostly western and frontiersmen, this was also a sectional issue.
president Jackson was the 7th president and he was supposedly for the Indians but he actually slaughtered them and forced them off their land which led to the trail of tears....
The Trail of Tears resulted from President Andrew Jackson's Indian Removal Policy. It was prompted by the settlers to expand into land belonging to the five tribes.
1.It infringed on the Cherokee's individual rights by forcing them out of their land. 2. It went directly against the 5th amendment by seizing the Cherokee's land without just cause. 3. Jackson abused his power by completely ignoring John Marshall's decision to let the Cherokees keep their land.
In 1830, President Jackson convinced Congress to pass legislation that forced Native Americans to relocate west of the Mississippi and opened up about 100 million acres of land for white settlers.
Washington and Jackson did a lot of land speculation. Maybe Jefferson and others as well.
President Jackson issued the Specie Circular of 1836
President Jackson issued the Specie Circular of 1836
Jackson thought that he created reservations for Indians that it would solve the issue of the white people stealing their land. The land was basically stolen from the Indians and they got little in return.
No
Yes, very much. The bank heavily favored lenders from the NE establishment and tended to slight western farmers and land speculators who wanted loans. Later, after Jackson became President, the bank essential became an arm of anti-Jackson people. Since the Jackson supporters were mostly western and frontiersmen, this was also a sectional issue.
Andrew Jackson forced Indians to move in 1830
president Jackson was the 7th president and he was supposedly for the Indians but he actually slaughtered them and forced them off their land which led to the trail of tears....
2/23/2012
Andrew Jackson is most closely related to the Specie Circular. As the president of the United States from 1829 to 1837, Jackson issued the Specie Circular in 1836. This executive order required the purchase of public lands to be made with gold or silver rather than paper currency, with the aim of curbing land speculation and stabilizing the economy.
The bill was to re-charter the Bank of the US. The president of the bank was a long-time Jackson enemy and he pressured Congress to time the bill in order to make it a campaign issue. Jackson had long opposed the bank because it had become a political arm of the Eastern establishment of which Jackson was not a member. He believed that a national bank was unconstitutional. Jackson did more than veto the rechartering bill. After the bill failed, he did not wait for the charter to expire, but ordered federal funds to be withdrawn from the bank and placed in western state banks . This dried up capital in the East and made credit easy on the west, causing a unhealthy financial bubble in land speculation.
The Trail of Tears resulted from President Andrew Jackson's Indian Removal Policy. It was prompted by the settlers to expand into land belonging to the five tribes.