Jacksonian Democracy

Essay by PaperNerd ContributorHigh School, 11th grade October 2001

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When Jackson became president, he began using his power to exert his brand of democracy. Although he was only a common man, Jackson had strong convictions, which he could now enforce, due to his position. With his power, Jackson could do whatever he felt was in the best interest of the people. Many times, Jackson bluntly expressed his views on many issues and sometimes these views seemed to contradict each other. Jackson promoted his brand of democracy by destroying the National Bank, creating the Specie Circular and responding to the Nullification Crisis the way he did.

A prime example of Jackson using his position to promote "Jacksonian Democracy" was when he destroyed the National Bank. Jackson was against soft money and was a very strong believer in hard money. Jackson had a strong hatred towards soft money because earlier his plantation was repossessed by the National Bank because the credit that Jackson had was no longer stable.

Hard money advocates believed in a currency backed by gold or silver, a clear-cut item that showed how much the money was worth. Soft money supporters believed that credit was enough to distinguish how much paper money was worth. Jackson was also against Nicholas Biddle, the President of the National Bank. This was because Biddle was and could continue gaining power by issuing notes to the elites in the government. Jackson used his position to appoint Treasurer Taney, after removing two former treasures that did not do as Jackson pleased. Jackson appointed Taney because he agreed to Jackson's plan to take out the federal deposits from the National Bank and put them in "pet" banks, or state banks. When this occurred, Biddle raised interest rates and hoped that people would complain to Jackson. When they did, Jackson convinced the people that he had...

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