Liberty blog 5

Chapter 10 - Democracy in America 

1. what were the major economic, humanitarian, political, and social arguments for and against Indian removal?

 The major arguments for Indian removal were to increase in cotton production because cotton farmers needed more land for their plantations. the White Americans needed the land and they thought they could make better using of the land than Indians. Most Americans felt that they were superior to the Indians because of their skin tone and ethnicity so they thought they could kick Indians out from their land. However, the opponents of Indian removal disagreed. They pointed that Indians should be taught "civilization". After the Cherokee had became a leader, they said Indians should be civilized, not removed.   

2. Explain the causes and effects of the Panic of 1837.

  The economic policies of President Jackson, created the Specie Circular by executive order and refused to renew the charter of Second Bank of the United State. Therefore, the government funds were withdrawn from the bank. Jackson was motivated by the concern that the government was selling land for state bank notes and that the bank was issuing excessive paper money. The bank demanded that American merchants pay their creditors in London in gold or silver. Then, an economic downturn in Britain dampened demand for American cotton, the country's major export. Because of these economy collapse, people lost their jobs, land, and nine states had defaulted on their debts.