Jackson vs. the Bank of the United States
At a glance:
- Series: Great Events from History: North American Series
- Categories: Government and Politics, Economics, Law, Legal History, Courts
- Subcategories: Politicians, Diplomats, Presidents, Prime Ministers, Banks, Banking, Finance
- Curriculum: American History 1816-1855
- Geographical Location: Washington, D.C., Pennsylvania
- Date: July 10, 1832
Article abstract: The president opposes rechartering the “hydra of corruption” and spurs a period of economic growth and spiraling inflation.
Summary of Event
If the importance of political events is measured by the intensity of feeling aroused and the vigorous debate engendered among contemporaries, then Andrew Jackson’s war against the Second Bank of the United States stands out as one of the critical issues of the antebellum period. It is a fairly simple task to describe the sequence of events that led to the destruction of the bank and to list...
[The entire page is 1325 words long]
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