Re-Emergence of a Two Party System
In 1824, there were four candidates for the President of the United States. At this time only one party existed, the Democratic-Republicans. This would soon change. The parties were soon to separate into the Whig Party and Jacksonian-Democratic Party, or Democratic Party. Northern industrialists and merchants supported the Whigs; and they were more in favor of federal government involvement in the national economy. The common people and machine politicians in the East supported the Democrats; and they believed in absolute political freedom. Some of the topics that contributed to the spilt into two parties were major political figures of that time period, the states' rights debate, and economic issues, policies, and problems. The factors that contributed the most to the reemergence of a two party system were the major political figures of that time period.Some of the major political figures of that time period were Henry Clay, Daniel Webster, John Q. Adams, Andrew Jackson, Martin Van Buren, John C. Calhoun and Robert Hayne. In 1828, Andrew Jackson beat John Q. Adams in the presidential election. This led to many anti-Jackson feelings and started the roots of a new political party, which would come to be known as the Wh
Economic issues, policies and problems were other factors that contributed to the reemergence of a two party system. The Tariff of Abomination was one of these issues. Congress increased the tariff from 23% on dutiable goods to 37%. New England pushed for passage of the Tariff of 1828. Southerners hated the tariff; they feared it would hurt the South. Henry Clay pushed to recharter the Bank of the United States in 1832. Jackson vetoed the charter and stated that the Bank was monopolistic and unconstitutional. He also criticized Nicholas Biddle, the head of the Bank of the U.S. Jackson aimed to weaken the Bank and Biddle by transferring federal deposits from the Bank to 23 state "pet banks." In 1833, Congress passed a Force Bill. It stated that the President in the future could use military force to collect federal tariffs if necessary. South Carolinians dubbed it the "Bloody Bill". There was a Panic in 1837 caused by over-speculation. Land speculators in the West borrowed heavily from "wildcat banks." They were unable to pay back loans causing bank failures. This happened under Martin Van Buren's presidency. These economic issues further separated groups into different political parties.
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Approximate Word count = 815
Approximate Pages = 3 (250 words per page double spaced)
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