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The Peggy Eaton Affair was a scandal between Jackson's cabinet of their wives. It eventually led Jackson's entire cabinet to resign. Margaret's first husband died and there were rumors that his death was actually a suicide from the discovery of Margaret having an affair with Eaton.
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The French government made an agreement to pay 5 million dollars to settle the feud.
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Jackson wins the presidential race with majority votes.
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There was a law that was in the process f being passed in hopes to extend the life of the Second Bank. Jackson vetoed the bill.
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South Carolina state adopts the Ordinance of Nullification. This nullified congressional acts involving duties and imposts on the importation of foreign commodities. It declared the Tariffs void within the boundaries of South Carolina.
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Jackson issues the Nullification Proclamation, reaffirming his belief that states and municipalities are forbidden from nullifying federal laws. He emphasized that he would use any force necessary to make the states abide by the law.
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Congress passes the Force Bill, authorizing Jackson's use of the army to gain compliance for federal law in South Carolina
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Jackson announces he will terminate the national debt, freeing the United States of foreign and domestic obligations beyond the reserves of the Treasury.
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A financial crisis in the United States that touched off a major recession. Profits, prices, and wages went down while unemployment went up.
