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James Knox Polk: United States
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James Knox Polk, eleventh president of the United States, served just one term in office, but in that time he was extremely influential in shaping the United States' evolution into a large and politically formidable nation. Polk's primary achievements came in the area of foreign affairs, where he completed the annexation of Texas; directed the Mexican War (1846-48); and negotiated with Great Britain for the acquisition of the Oregon territory. In domestic policy, Polk was a strong advocate for lowering tariffs and establishing an independent treasury for the United States. Historians and presidential scholars consistently rate Polk among the most effective and important presidents of the United States.
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BEYOND a doubt the one-term president who left behind him the greatest record of accomplishment was James Knox Polk. In the area of domestic legislation his administration lowered the prevailing high tariff and established a moderate policy that lasted fifteen years, until the Civil War. It reestablished the independent treasury (sometimes called subtreasury), a system of handling revenues that made the government custodian over its own funds instead of scattering them among private banks, and thereby restored some order to a fiscal system still disorganized from Andrew Jackson's Bank War of the 1830s. It ... founded the United States Naval Academy at Annapolis.
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