81
The Age of Jackson
Farmers found their work eased by
such inventions as John Deere’s steel
plow (1837) and Cyrus McCormick’s
automatic reaping machine (1831),
which replaced workers who had
previously cut grain with hand-held
scythes.
In 1844 an American inventor,
Samuel F. B. Morse, developed a
working model of the fi rst magnetic
telegraph. This invention provided
instant communication over long
distances, something never previously
achieved in the history of humankind.
While the inventor of the cotton
gin, Eli Whitney, had also pioneered
the manufacturing system that relied
on interchangeable parts in gun
manufacture, it was Samuel Colt who
made the fi rst successful, repeating
revolver (1836) using interchangeable
parts.
Everything from the sewing
machine (1846) to the rotary printing
press (1847), suspension bridges
spanning major rivers (1847), an
effi cient steel-making process (1852),
the passenger elevator (1853), and
the vacuum evaporator for canning
food products with a long shelf life
(1846) came into reality during the
years prior to the Civil War. America
became more reliant on such
inventions for quicker transportation,
better communication, and greater
productivity.
percent! The money supply was infl ated. Businesses were
overextended. The Bank of the United States called in piles
of loans, including those to states that had borrowed to pay
for internal improvements, such as canals and railroads. The
Bank of the United States and other Eastern banks refused to
accept paper money for debt payments. State banks, having
dramatically overextended themselves, were driven out of
business. The Panic of 1837 loomed across the country.
An Economic Mess
Perhaps ironically, Jackson was not blamed for the economic
collapse, even though it was partially of his making. Many
factors, including bank collapses, did not kick in until the
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