Copy of History SG - The Road to the Civil War part 2 Study Guide Timeline \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf Kansas Nebraska Act 1854

Copy of History SG - The Road to the Civil War part 2 Study...

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The Road to the Civil War part 2 Study GuideTimeline Kansas Nebraska Act 1854Topeka Constitution 1855 - No slaveryCaning of Charles Sumner 1856The crime against Kansas May 1856Pottawatomie Massacre (john brown killing people) May 1856Presidential Election Nov 1856Buchanan Inauguration March 1857Dred Scott Ruling Mar 1857Panic of 1857 (aug-sept)Democratic tariff of 1857Lecompton Constitution signed Sept 1857Wyandotte Constitution 1859 - no slaveryJohn Brown’s Raid on Harpers Ferry 1859John Brown Sentenced to hang October 15, 1859Panic of 1857The Panic of 1857 was a financial panic in the United States ignited by the declining international economy, over-expansion and overspeculation (bought more land than they could afford so banks would falter from giving loans, as banks faltered investors pulled out, consequently banks couldn’t give loans)REASONS: It was cause South relied on foreign goods and the protective tariff made them more expensive, so they wanted them lowered so they can purchase them again. Southern Democrats were involved in importations from foreign nations, so they needed a low tax. Democratic tariff made foreign goods affordable and competition for locals. Resulted in an increase in railroads and the closing of many banks increased (unemployment and reduced exports of food and manufactured goods. The South’s Cotton economy remained untouched and prospered.Southern economy stayed strong, but the agricultural economy dependent on grains suffered immensely after end of Crimean war when demand decreases dramatically.Effects of Panic (1857-1859)Gives Republican party something else to talk about in the election of 1850 other than banning slavery in the territories, talks about how government should buy
land in west so families can move in (proposes the Homestead Act) and also wants more protective tarriffs on northern busninesses (strengthened the party)2nd Effect: Really allows southerners to stand by their decision about how slaveryis the perfect systemthe southerners get really confident in their system and purpose reopening slave trade andget islands in the Carribian for slavery DEMOCRATIC TARIFF OF 1857: two types of tariffs we have: revenue and protective tariffsRevenue: just to get moneyProtective: put taxes on outside imported goods so people would want to buy

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