In 1828 Jackson became the president of the united states. Nicholas Biddle, a Philadelphia man ran the bank the Bank of the United States at that time. Biddle took more of an interest in business than in politics. Jackson had a distrust of banks because in his business career, he had been financially damaged by the tightening of bank credit and he retained this distrust of financial institutions. Jackson did not take action against the bank at first. His biggest concern was how sound the system of using paper money in place of gold and silver coins. He also was concerned with the…
One of the most important chapters of Andrew Jackson’s presidency was his “war” against the Federal bank. Jackson's stubborn skepticism of aristocrat institutions escalated into a highly personal battle between and the president of the bank, Nicholas Biddle. Economically speaking Jackson strongly opposed federal power and did almost everything in his power to destroy the successful bank which he deemed a Monster. The actions of Jackson included defeating the bank’s supporters politically and crushing the bank itself economically.…
Andrew Jackson is not the great president people idolized but a villain who disobeyed the…
Born into poverty on the South Carolina frontier in 1767, Andrew Jackson understood all the disadvantages of being poor. Therefore, as the seventh president of the United States, Jackson made sure that his abilities were put to good use. He made sure that the common people had the same opportunities and benefits as the riches. An example of this heroic action is his battle with the Bank of the United States (263). President Jackson saw that the National Bank benefited wealthy eastern depositors at the expense of the smaller state banks, farmers and the hard working common people. In addition, the bank’s president seemed to not be trustworthy. Therefore, Jackson vetoed the recharter bill that his opponent Henry Clay had renewed, and took the…
President Andrew Jackson left a long-lasting mark upon America’s government and presidency in both positive and negatives ways.…
Another issue that was a black eye on the presidency of Jackson, was his treatment of the Indians. Jackson saw the Indians as a sub-class of people. They were more of a nuisance than anything else. Jackson wanted to push the Indians west of the Mississippi. Jackson even resorted to force in a few instances when the Indians would not comply. The forcing of Native Americans to move from their homelands was referred to as the Trail of Tears.…
Jackson took on the second bank of the United States because of its poor management and fraud. He vetoed their rechartering bill and the U.S. went without an official central bank for many years due to this action by…
When you hear the name Andrew Jackson, you probably think of the strong American President who made our country prosper, but there are many things you do not know about him. Andrew Jackson was one of the most evil presidents in American history. He forced indians to leave their homeland in a dreadful, death filled trip, destroyed the second bank of America causing horrifying economic problems, and he owned many slaves.…
Andrew Jackson was the only president to have served in both the war of 1812 and also the revolutionary war. He was also known as a war hero. When the British threatened to attack New Orleans he took charge. He also was the only president to be the prisoner of war. He was only thirteen when he joined the South Carolina…
“What good man would prefer a country covered with forests and ranged by a few thousands savages to our extensive republic..."(http://www.azquotes.com/quote/1157726) Andrew Jackson did not like Native Americans, likening them to savages. Jackson disliked Native American’s so much that he made a plan to move them off valuable land. Jackson did more than just the move Native Americans using the Indian removal act, he also started the Nullification Crisis and Fore act. Andrew Jackson had also inspired the Trails of Tears, killing over 4,000 Native Americans. Out of all the thing Andrew Jackson did in his two terms of being president he brought more terror than honor, which is why he should be considered a villain.…
Jackson's Presidency was the beginning of the modern presidency, one in which the powers that the president holds while in the office of the grew immensely. Jackson was the first President to introduce the spoils system, the system in which when a political party wins an election the party members are given government jobs to as a reward for working toward victory, and as an incentive to keep working for the party. From this, patronage - present on a state level, became more powerful on a national…
Andrew Jackson is known as one of america’s greatest presidents. But what made him so great? Let's find out.…
There is one political reason Andrew Jackson was an alright president. Jackson created the Democratic party. He actually listened to the people and became very popular among them. He held rallies…
Because he believed Government duties were often so plain and simple, he supported the concept that offices should rotate among justified applicants. He eventually tried to democratize Federal office holding. Next Jackson issued the Removal Act of 1830. “The Act established a process whereby the President could grant land west of the Mississippi River to Indian tribes that agreed to give up their homelands.” (“Indian Treaties…”) Says Michigan’s Office of the Historian.…
His underestimation of the power of a strong and popular President caused his downfall and the demise of the financial institution he commanded. The bank was given a 20-year charter. The charter allowed it to be exclusively as the federal government’s financial agent. The bank held deposits, made transfers of federal funds between states, and dealt with any payments or receipts involving the federal government. It also issued banknotes, or paper currency. “The present corporate body, denominated the president, directors, and company of the Bank of the United States, will have existed at the time this act is intended to take effect twenty years,”(Primary Sources - The Bank War). Andrew Jackson believed that the bank dominates over the president and the government for as long as the charter is in act. In January 1832, Biddle's supporters in Congress, principally Daniel Webster and Henry Clay, introduced Bank recharter legislation. Even though the charter was not due to expire for four more years, they felt that the current Congress would recharter the Bank. They felt that Jackson would not risk losing votes in Pennsylvania and other commercial states by vetoing it. Jackson reacted by saying to his vice-president, Martin Van Buren, "The Bank is trying to kill me, Sir, but I shall kill it!" The funds were then moved to the state’s banks, these banks used the funds to offer easy…