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Tariff

American Pageant 16th Edition: Chapter 13 Flashcards

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BANK WAR Battle between President Andrew Jackson and congressional supporters of the Bank of the United States over the bank's renewal. Jackson vetoed the bank bill, arguing that the bank favored moneyed interests at the expense of western farmers. COMPROMISE TARIFF OF 1833 Passed as a measure to resolve the Nullification Crisis, it provided that tariffs be lowered gradually, over a period of ten years, to 1816 levels. PANIC OF 1837 Economic crisis triggered by bank failures, elevated grain prices, and Andrew Jackson's efforts to curb overspeculation on western lands and transportation improvements. In response, President Martin Van Buren proposed the "Divorce Bill," which pulled treasury funds out of the banking system altogether, contracting the credit supply. SAM HOUSTON

American Pageant 16th Edition: Chapter 12 Flashcards

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RUSSO-AMERICAN TREATY Fixed the line of 54?40' as the southernmost boundary of Russian holdings in North America. LOOSE CONSTRUCTION Legal doctrine that the federal government can use powers not specifically granted or prohibited in the Constitution to carry out its constitutionally mandated responsibilities. TREATY OF GHENT Ended the War of 1812 in a virtual draw, restoring prewar borders but failing to address any of the grievances that first brought America into the war. OLIVER HAZARD PERRY (1785-1819) American naval officer whose decisive victory over a British fleet on Lake Erie during the War of 1812 reinvigorated American morale and paved the way for General William Henry Harrison's victory at the Battle of the Thames in 1813. TARIFF OF 1816

Great Depression

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Samantha Greenblatt January 30th, 2014 US6 Causes of the Great Depression Stock Market Crash: Documents C, D, F The stock market crash was one of the causes of the Great Depression because at the time almost every citizen had invested in the stock market. When it crashed more than 40 billion dollars were lost. Many Americans believed they could get rich by investing in stocks so that is what they did. Because people?s life savings were put in the stocks, they lost all of their money. They had no money to spend, which meant businesses had no income. With no money there was no consumption, which caused businesses to fail and inevitably caused the Great Depression. Margin and installment Buying: Documents G, H

Great Depression

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Great Depression In Class Notes Causes of the Great Depression Stock market crash Overproduction Industry Agriculture Industries produced more goods because of good economy in the 1920s Did not raise wages to keep up Results in under consumption Wages stayed stagnant ? market flooded with goods that cannot be purchased Unequal distribution of wealth No middle class Top 1% of Americans had more wealth than the bottom 42% of Americans Monetary policy Federal government raised interest rates in the 1920s People pulled money from banks to invest with stocks Government didn?t help the bank High tariffs and war debts Increase tariffs Election of 1932 Republican: Hoover (incumbent) Sent out the ?bonus army? on the veterans who marched on the mall

Tariffs to remember for apush exam

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U.S. History and Tariffs Tariff of 1816 ? designed to defend U.S. business from Britain ? created by nationalist Congress ? 20 to 25% tax on imports ? Calhoun supports Tariff to help Southern manufacturing ? Daniel Webster opposes tariff due to shipping priority over manufacturing Tariff of 1824 ? 35% tax on imports Tariff of 1828 ? The ?abominable? tariff angered South Carolinians ? majority southern ?nullies? tried to nullify it in South Carolina ? minority unionists blocked the ?nullies? Tariff of 1832 ? lessened some of the worst abominations of Tariff of 1828 ? reduced rate of 1828 tariff by 10% ? special state convention in South Carolina declares the tariff null in that state ? President Jackson opposes the ?nullies? and Calhoun.

Jacksonian Democracy

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JACKSONIAN DEMOCRACY Missouri Compromise 1820 Sectionalism reflected in the power in the national government 3 Sections/spokesperson Northeast- D. Webster - Mass. West - Henry Clay - Kentucky South - John C. Calhoun - South Carolina Sectionalism v Nationalism or States? Rights v National Government Election of 1824 ?Corrupt Bargain? Art of political campaigning Election of 1828 Only 2 candidates - New nominating conventions Creation of two Factions: Jackson-Calhoun Adams-Clays Nuclei for democrats Nuclei for whigs - Arose in opposition to Jackson Republicans during the ?era of good feelings? breaking up into conservatives and Democratic factions within each state Democratic faction wished to level down political inequalities - results:

American Pageant 14th Edition Chapter 13 notes

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Democrats v. Whigs- campaigns turned to banners and parades- voter turnout was high I. The ?Corrupt Bargain? of 1824 JQA, Clay, Crawford, and Jackson all ran for president- they were all republicans- there was no majority so the election was thrown to the House- Clay was eliminated from the race but gave his support to JQA JQA became president and Clay was his Secretary of State- Being Sec. of State paved the way to the presidency- Jackson wasn?t having any of this and neither were others II. A Yankee Misfit in the White House

test21-19

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Treaties, Acts and Settlements? ? Navigation Acts of 1650, 1660, 1663, and 1696 British regulations designed to protect British shipping from competition. Said that British colonies could only import goods if they were shipped on British-owned vessels and at least 3/4 of the crew of the ship were British. Maryland Toleration Act: (1689) Act of Parliament granting freedom of worship to non-conformists. It allowed non-conformists their own places of worship and their own preachers, subject to the acceptance of certain oaths of allegiance. The act did not apply to Catholics and Unitarians. ? Woolen Act: (1699)

test21-9

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Instructions: We will be having a Cabinet meeting with President Washington??You need to know the policies of both Alexander Hamilton and Thomas Jefferson. You have the handouts with charts that you need to fill out??Be prepared for this discussion Tuesday in class. Federalist Beliefs (former Anti-Federalists) Democratic-Republicans Leader Appealed to Alexander Hamilton John Adams Thomas Jefferson James Madison Manufacturers, merchants, wealthy and educated?. Favored seaboard cities Farmers and Planters common man Favored the South and West Ideas of Government Strong government over states Loose Construction of Constitution Implied powers Wealthy and educated involved Limit freedoms of speech & press Preferred govt. similar to a king

notecards

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ADVANCED PLACEMENT UNITED STATES HISTORY IDENTIFICATIONS FOR UNIT III "Corrupt Bargain" The charge made by Jacksonians in 1825 that Clay had supported John Quincy Adams in the House presidential vote in return for the office of Secretary of State. Allegedly Clay knew he could not win, so he traded his votes for an office. Tariff of Abominations 1828 - Also called Tariff of 1828, it raised the tariff on imported manufactured goods. The tariff protected the North but harmed the South; South said that the tariff was economically discriminatory and unconstitutional because it violated state's rights. It passed because New England favored high tariffs. Vice-President John Calhoun: South Carolina Exposition and Protest

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