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AP US History Presidents timeline: Difference between revisions
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* most states now allow selection fo E.C. electors by vote of the people | * most states now allow selection fo E.C. electors by vote of the people | ||
* demise of caucus system = selection of electors by party leaders | |||
* disputed election 0f 1824 | * disputed election 0f 1824 | ||
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* Tariff of 1828 | * Tariff of 1828 | ||
** later called "Tariff of Abominations" | ** later called "Tariff of Abominations" | ||
** 50% tariff | ** 50% tariff | ||
nullification movement starts | * nullification movement starts | ||
** promoted by Senator John C Calhoun re. the tariff | ** promoted by Senator John C Calhoun re. the tariff | ||
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* Jackson ignored the court order “Mr. Marshall has made his ruling. Now let him enforce it.” | * Jackson ignored the court order “Mr. Marshall has made his ruling. Now let him enforce it.” | ||
* Trail of Tears, 1835-38 (under Van Buren) | * Trail of Tears, 1835-38 (under Van Buren) | ||
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* Tariff of 1832 | * Tariff of 1832 | ||
** South Carolina nullified the law | ** South Carolina nullified the law | ||
** Congress considered a "Force Bill" to send troops to enforce the tariff | ** Congress considered a "Force Bill" to send troops to enforce the tariff | ||
** compromise reached by Clay & Calhoun, lowered tariff rates | ** compromise reached by Clay & Calhoun, lowered tariff rates | ||
* "Specie Circular" | |||
** demanded "hard cash", or "specie" for government land sales instead of promissory notes or paper money (bank drafts, promises to pay, etc.) | |||
** the government recognized an ongoing land speculation bubble and used the order to suppress it, but ended up causing a financial panic | |||
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|1836 | |1836 | ||
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* Panic of 1837 caused by | * Panic of 1837 caused by | ||
** financial, land and commodities speculation bubble | |||
** currency shortage | |||
** "Specie Circular" which ended land sales by Fed Gov on credit, now demanded "hard cash" | |||
* Panic of 1837, which had started before he became President, made Van Buren unpopular | |||
** he did little to address the Panic | |||
** and was accused of inaction by opponents | |||
** on the other hand, his deregulation policies (unwinding the National Bank, etc.) eventually led to the recovery from the Panic | |||
* Panic of 1837, made Van Buren unpopular | |||
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|1840 | |1840 | ||
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* became governor of Indiana territory in 1801 | * became governor of Indiana territory in 1801 | ||
* 1st Whig President | * 1st Whig President | ||
* died of pneumonia | * died of pneumonia after giving an excessively long inaugural address that outlined his and Whig party policies | ||
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