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John J. Crittenden, an influential Whig leader who later established the short-lived Constitutional Union Party to contest the election of 1860 The Whigs celebrated Clay's vision of the American System , which promoted rapid economic and industrial growth in the United States through support for a national bank, high tariffs, a distribution ...
The Whig Party's first major action was to censure Jackson for the removal of the national bank deposits, thereby establishing opposition to Jackson's executive power as the organizing principle of the new party. [24] In doing so, the Whigs were able to shed the elitist image that had persistently hindered the National Republicans. [25]
Whig cartoon showing the effects of unemployment on a family that has portraits of Democratic Presidents Andrew Jackson and Martin Van Buren on the wall. The Panic of 1837 was a financial crisis in the United States that began a major depression which lasted until the mid-1840s.
The presidency of Martin Van Buren began on March 4, 1837, when Martin Van Buren was inaugurated as 8th President of the United States, and ended on March 4, 1841.Van Buren, the incumbent vice president and chosen successor of President Andrew Jackson, took office after defeating multiple Whig Party candidates in the 1836 presidential election.
The Second Party System was the political party system operating in the United States from about 1828 to early 1854, after the First Party System ended. [1] The system was characterized by rapidly rising levels of voter interest, beginning in 1828, as demonstrated by Election Day turnouts, rallies, partisan newspapers, and high degrees of personal loyalty to parties.
The same year there was a downturn in Great Britain's economy, resulting in decreased foreign investment in the United States. As a result, the U.S. economy went into a depression, banks became insolvent, the national debt increased, business failures rose, cotton prices dropped, and unemployment dramatically increased. [216]
Feeling every hand was needed to defeat Van Buren, Whig leaders allowed women to help: although they could not vote, they could influence men. This was the first time an American political party included women in campaign activities on a widespread scale. [44] Pitcher from the 1840 campaign bearing Harrison's portrait
Many soldiers and religious leaders from the north, though, felt the fight for liberty and freedom of slaves was ordained by their moral and religious beliefs. [377] As a Whig activist Lincoln was a spokesman for business interests, favoring high tariffs, banks, infrastructure improvements, and railroads, in opposition to Jacksonian democrats ...