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6 Νοε 2009 · The Whig Party was a political party formed in 1834 by opponents of President Andrew Jackson and his Jacksonian Democrats. Led by Henry Clay, the name “Whigs” was derived from the English...
24 Οκτ 2024 · By the late 1840s the Whig coalition was beginning to unravel as factions of “Conscience” (antislavery) Whigs and “Cotton” (proslavery) Whigs emerged. In 1848 the party returned to its winning formula by running a military hero—this time Zachary Taylor—for president.
2 Σεπ 2024 · In the 1830s, the Whig Party evolved to counterbalance the rise of Jacksonian populism under Democratic President Andrew Jackson. This new party was a distant descendant of the Federalist Party and sought economic modernization, a national bank, and less executive authority.
The Whigs collapsed following the passage of the Kansas–Nebraska Act in 1854, with most Northern Whigs eventually joining the anti-slavery Republican Party and most Southern Whigs joining the nativist American Party and later the Constitutional Union Party.
The history of the United States Whig Party lasted from the establishment of the Whig Party early in President Andrew Jackson's second term (1833–1837) to the collapse of the party during the term of President Franklin Pierce (1853–1857). This article covers the party in national politics.
Rise of the Whigs. The Whig Party, which had been created to oppose Andrew Jackson and the Democratic Party, benefitted from the disaster of the Panic of 1837. The Whig Party had grown partly out of the political coalition of John Quincy Adams and Henry Clay.
Runs on banks began in New York on May 4, 1837, as panicked customers scrambled to exchange their banknotes for hard currency. By May 10, the New York banks, running out of gold and silver, stopped redeeming their notes. As news spread, banks around the nation did the same.