Question

I really need help! I have paragraphs for the answer, but I can't tell which answer is correct! I HAVE to get this one right!

Which of the following acts showed Jacksonian attitude toward the banking system in the U.S.?
A. The Tariff of 1828
B. The Indian Act Removal
C. The Veto Of The Maysville Road Bill
D. The transfer of $10 million to state bank

C IS NOT CORRECT! ALREADY ASKED. IT IS EITHER A, B, OR D.
PARAGRAPHS IN COMMENTS. THANKS!

Answer 1

December, 1828 (Picture of John C. Calhoun) - Vice President John C. Calhoun’s argument for nullification goes public in South Carolina, his home state. Earlier in this year, Congress passed the Tariff of 1828, a tax on imported goods. The tax hurt the South’s economy. Calhoun argued that a state has the right to reject, or nullify, a federal law. In his essay, he even argued that South Carolina had the right to secede, or separate, from the United States if the federal government tried to enforce the tariff. During the debate over the “Tariff of Abominations,” Jackson wins the election in November. He takes office in March 1829. John C. Calhoun is his Vice President. As president, Jackson must enforce the laws of the nation.
May, 1830 (Image of East Coast with Kentucky highlighted) - Jackson vetoes the Maysville Road bill. This was an internal improvement request for Congress to pay for land to build this road within Kentucky. This veto shows Jackson’s position against internal improvement that only would benefit one state’s interest instead of the nation. It shows Jackson’s desire to limit government involvement in the economy. This month he also signed the Indian Removal Act, leading to the forced removal of thousands of Native Americans from the South

July, 1832 (Image of Supreme Court) - Jackson vetoes the recharter of the Second Bank of the United States. Though the Supreme Court affirmed the right of the federal government to run a bank in McCulloch v. Maryland, Jackson was still a strong opponent. He and other Americans thought it was immoral. The bank was supposed to obtain a new charter in 1836. Supporters thought that if they tried now, Jackson would not veto because it was an election year. They were wrong. However, the bank still was scheduled to operate to 1836 under the older charter despite the veto. Jackson signed into law the Tariff of 1832 this month as well. This tariff changed the Tariff of 1828, but it was too small a change to receive southern support.

November, 1832 (Image of South Carolina breaking away from the rest of the east coast.) - Jackson wins reelection to the presidency. The same month, South Carolina holds a Nullification Convention. The state declares both the Tariff of 1828 and 1832 unconstitutional. They will not enforce the tariffs. State lawmakers also say that if the federal government tries to enforce it, the state will secede. They begin to prepare state militia in case of attack.

December, 1832 (Map of SC identifying Charleston) - Jackson issues his Proclamation to South Carolina on Nullification. Although he supports states’ rights, he does not support it to the point where the nation would break apart. He declares nullification illegal. The president also asks Congress to support moving military to Charleston Harbor, South Carolina to threaten force. Neither side truly wanted a fight. The state governor moved the militia away from Charleston and Congress worked on a new tariff. The Compromise Tariff of 1833 reduced the tax rate but did not end the tariff itself. South Carolina removed its nullification law. Northern and southern Americans cheered the outcome. However, many in Congress worried that the idea of nullification and growing sectionalism would lead to future problems.

September, 1833 (Image of one thouand dollar bill) - Jackson continues his Bank War. He forces the transfer of $10 million from Second Bank of the United States to state banks. This led to a flood of paper money printing, people buying land on credit, and internal improvement within states. Many people support government spending because it helps create jobs. However, when too paper money is printed, its value goes down. People need more of it to pay for things they wish to purchase, like land. We call widespread price increases “inflation.”

July, 1836 (Image bankers next to a pile of gold bars) - Jackson issues the Specie Circular. In it, he required payment for public land in gold or silver, rather than paper money. People panicked. Banks required people to repay loans early. People rushed the banks to trade in their paper money for gold or silver. Within a year, a severe economic depression set in, called the Panic of 1837. Some blame Andrew Jackson’s Bank War, though other factors likely helped create the crisis as well.

November, (1836 Image of Martin Van Buren) - Jackson’s two terms are nearly over. Martin Van Buren wins election to be the next new president. He inherits the Panic of 1837, and oversees a new plan for federal banking. The nation faced many issues Jackson did not resolve. Others faded only temporarily.