additional information i wonder if we could embellish the narrative on this election there were at least three very important developments in this race it was the first presidential election in which the national ticket was nominated in conventions the anti masonic national republican and democratic parties held national conventions one of the major issues was nullification the idea that states could 'nullify' or veto congressional legislation calhoun refused to run with jackson for this reason and south carolina entered a brief anti democratic phase calhoun resigned as vp the first person to do that and became an anti administration u s senator another major issue was the national bank clay forced a vote on extending the charter of the bank in the summer of jackson vetoed it clay felt that the bank would be critical to economic development jackson did not have a specific policy van buren later created the independent treasury system which laid the groundwork for the banking system which is still in place