Author: Thomas Payne GovanPublisher: Chicago, University of Chicago Press
ISBN:
Category : BANK OF THE UNITED STATES,1816-1836
Languages : en
Pages : 478
Book Description
Nicholas Biddle, Nationalist and Public Banker, 1786-1844
Author: Thomas Payne GovanPublisher: Chicago, University of Chicago Press
ISBN:
Category : BANK OF THE UNITED STATES,1816-1836
Languages : en
Pages : 478
Book Description
Nicholas Biddle
Author: Thomas P. GovanReconstructing the National Bank Controversy
Author: Eric LomazoffPublisher: University of Chicago Press
ISBN: 022657959X
Category : Political Science
Languages : en
Pages : 264
Book Description
The Bank of the United States sparked several rounds of intense debate over the meaning of the Constitution’s Necessary and Proper Clause, which authorizes the federal government to make laws that are “necessary” for exercising its other powers. Our standard account of the national bank controversy, however, is incomplete. The controversy was much more dynamic than a two-sided debate over a single constitutional provision and was shaped as much by politics as by law. With Reconstructing the National Bank Controversy, Eric Lomazoff offers a far more robust account of the constitutional politics of national banking between 1791 and 1832. During that time, three forces—changes within the Bank itself, growing tension over federal power within the Republican coalition, and the endurance of monetary turmoil beyond the War of 1812 —drove the development of our first major debate over the scope of federal power at least as much as the formal dimensions of the Constitution or the absence of a shared legal definition for the word “necessary.” These three forces—sometimes alone, sometimes in combination—repeatedly reshaped the terms on which the Bank’s constitutionality was contested. Lomazoff documents how these three dimensions of the polity changed over time and traces the manner in which they periodically led federal officials to adjust their claims about the Bank’s constitutionality. This includes the emergence of the Coinage Clause—which gives Congress power to “coin money, regulate the value thereof”—as a novel justification for the institution. He concludes the book by explaining why a more robust account of the national bank controversy can help us understand the constitutional basis for modern American monetary politics.
The Politics Presidents Make
Author: Stephen SkowronekPublisher: Harvard University Press
ISBN: 0674256743
Category : Political Science
Languages : en
Pages : 592
Book Description
Stephen Skowronek’s wholly innovative study demonstrates that presidents are persistent agents of change, continually disrupting and transforming the political landscape. In an afterword to this new edition, the author examines “third way” leadership as it has been practiced by Bill Clinton and others. These leaders are neither great repudiators nor orthodox innovators. They challenge received political categories, mix seemingly antithetical doctrines, and often take their opponents’ issues as their own.
The Presidency of John Quincy Adams
Author: Mary W. M. HargreavesPublisher:
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 424
Book Description
Historians have not been generous in judging the presidency of John Quincy Adams. Those who have most conspicuously upheld Adams's fame have, at the same time, virtually ignored his service in the White House. Critics, on the other hand, have described his administration as a failure, founded upon "bargain and corruption" and marked by exclusion of the United States from the British West Indian trade, the ineffectiveness of its efforts to promote strong Pan-American relationships, and the enactment of the "tariff of abominations." Some analysts have even argued that it generated the sectionalism which terminated the "Era of Good Feelings." Mary Hargreaves contends, instead, that the basic effort of Adams's presidency was to harmonize divergent sectional interests. To ignore the Adams administration's commitment to nationalism, she argues, is to overlook a fundamental stage in the establishment of the federal government as guardian of the general interest. The volume contains new information on the development of United States commercial policy, the nation's early relationships with Latin America, and difficulties of local and regional adjustment to the growth of the national economy. It will be of keen interest to all students of the economic and political history of the early national period.
The Bank War and the Partisan Press
Author: Stephen W. CampbellPublisher: University Press of Kansas
ISBN: 0700634185
Category : Political Science
Languages : en
Pages : 232
Book Description
President Andrew Jackson’s conflict with the Second Bank of the United States was one of the most consequential political struggles in the early nineteenth century. A fight over the bank’s reauthorization, the Bank War provoked fundamental disagreements over the role of money in politics, competing constitutional interpretations, equal opportunity in the face of a state-sanctioned monopoly, and the importance of financial regulation—all of which cemented emerging differences between Jacksonian Democrats and Whigs. As Stephen W. Campbell argues here, both sides in the Bank War engaged interregional communications networks funded by public and private money. The first reappraisal of this political turning point in US history in almost fifty years, The Bank War and the Partisan Press advances a new interpretation by focusing on the funding and dissemination of the party press. Drawing on insights from the fields of political history, the history of journalism, and financial history, The Bank War and the Partisan Press brings to light a revolving cast of newspaper editors, financiers, and postal workers who appropriated the financial resources of preexisting political institutions and even created new ones to enrich themselves and further their careers. The bank propagated favorable media and tracked public opinion through its system of branch offices, while the Jacksonians did the same by harnessing the patronage networks of the Post Office. Campbell’s work contextualizes the Bank War within larger political and economic developments at the national and international levels. Its focus on the newspaper business documents the transition from a seemingly simple question of renewing the bank’s charter to a multisided, nationwide sensation that sorted the US public into ideologically polarized political parties. In doing so, The Bank War and the Partisan Press shows how the conflict played out on the ground level in various states—in riots, duels, raucous public meetings, politically orchestrated bank runs, arson, and assassination attempts. The resulting narrative moves beyond the traditional boxing match between Jackson and bank president Nicholas Biddle, balancing political institutions with individual actors, and business practices with party attitudes.
The Presidencies of William Henry Harrison & John Tyler
Author: Norma Lois PetersonPublisher:
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 354
Book Description
On balance, Peterson concludes, Tyler demonstrated exemplary executive skills, and his presidency deserves more credit than it received for what was accomplished--and preserved--under difficult circumstances.
Henry Clay and the American System
Author: Maurice G. BaxterPublisher: University Press of Kentucky
ISBN: 0813184177
Category : History
Languages : en
Pages : 318
Book Description
This detailed study of Henry Clay and the American System—a program of vigorous economic nationalism dependent on active government and constitutional aspects of what was perhaps Clay's greatest contribution to national policy, a contribution that has received surprisingly little study until now. During the first half of the nineteenth century the new United States experienced rapid material growth, transforming a largely agrarian, pre-modern economy into a diversified, industrializing one. As Speaker of the House in the years following the War of 1812, and later as founder of the Whig party, Clay argued strongly for the development of a home market for domestic goods so that Americans would not be dependent on foreign imports. This "American System" was originally little more than a protective tariff on foreign goods, but it soon came to encompass a collection of policies that included a national banking system and distribution of federal funds to improve transportation. Baxter reveals the inner workings of Clay's program and offers the first careful analysis of its successes and failures. This lively and incisive account will appeal to anyone interested in American history and the processes that shaped modern America
American Lion
Author: Jon MeachamPublisher: Random House Trade Paperbacks
ISBN: 0812973461
Category : Biography & Autobiography
Languages : en
Pages : 546
Book Description
The definitive biography of a larger-than-life president who defied norms, divided a nation, and changed Washington forever Andrew Jackson, his intimate circle of friends, and his tumultuous times are at the heart of this remarkable book about the man who rose from nothing to create the modern presidency. Beloved and hated, venerated and reviled, Andrew Jackson was an orphan who fought his way to the pinnacle of power, bending the nation to his will in the cause of democracy. Jackson’s election in 1828 ushered in a new and lasting era in which the people, not distant elites, were the guiding force in American politics. Democracy made its stand in the Jackson years, and he gave voice to the hopes and the fears of a restless, changing nation facing challenging times at home and threats abroad. To tell the saga of Jackson’s presidency, acclaimed author Jon Meacham goes inside the Jackson White House. Drawing on newly discovered family letters and papers, he details the human drama–the family, the women, and the inner circle of advisers– that shaped Jackson’s private world through years of storm and victory. One of our most significant yet dimly recalled presidents, Jackson was a battle-hardened warrior, the founder of the Democratic Party, and the architect of the presidency as we know it. His story is one of violence, sex, courage, and tragedy. With his powerful persona, his evident bravery, and his mystical connection to the people, Jackson moved the White House from the periphery of government to the center of national action, articulating a vision of change that challenged entrenched interests to heed the popular will– or face his formidable wrath. The greatest of the presidents who have followed Jackson in the White House–from Lincoln to Theodore Roosevelt to FDR to Truman–have found inspiration in his example, and virtue in his vision. Jackson was the most contradictory of men. The architect of the removal of Indians from their native lands, he was warmly sentimental and risked everything to give more power to ordinary citizens. He was, in short, a lot like his country: alternately kind and vicious, brilliant and blind; and a man who fought a lifelong war to keep the republic safe–no matter what it took.
Other People's Money
Author: Sharon Ann MurphyPublisher: JHU Press
ISBN: 1421421763
Category : History
Languages : en
Pages : 207
Book Description
How the contentious world of nineteenth-century banking shaped the United States. Pieces of paper that claimed to be good for two dollars upon redemption at a distant bank. Foreign coins that fluctuated in value from town to town. Stock certificates issued by turnpike or canal companies—worth something . . . or perhaps nothing. IOUs from farmers or tradesmen, passed around by people who could not know the person who first issued them. Money and banking in antebellum America offered a glaring example of free-market capitalism run amok—unregulated, exuberant, and heading pell-mell toward the next “panic” of burst bubbles and hard times. In Other People’s Money, Sharon Ann Murphy explains how banking and money worked before the federal government, spurred by the chaos of the Civil War, created the national system of US paper currency. Murphy traces the evolution of banking in America from the founding of the nation, when politicians debated the constitutionality of chartering a national bank, to Andrew Jackson’s role in the Bank War of the early 1830s, to the problems of financing a large-scale war. She reveals how, ultimately, the monetary and banking structures that emerged from the Civil War also provided the basis for our modern financial system, from its formation under the Federal Reserve in 1913 to the present. Touching on the significant role that numerous historical figures played in shaping American banking—including Alexander Hamilton, James Madison, Benjamin Franklin, Henry Clay, Daniel Webster, and Louis Brandeis—Other People’s Money is an engaging guide to the heated political fights that surrounded banking in early America as well as to the economic causes and consequences of the financial system that emerged from the turmoil. By helping readers understand the financial history of this period and the way banking shaped the society in which ordinary Americans lived and worked, this book broadens and deepens our knowledge of the Early American Republic.