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Unformatted text preview: states. Jackson claims that the bank will take money away from the citizens who do not have enough power to have any say. In a time were leaders were more worried about domestic concerns, having a second bank were many of the stockholders are foreign does not represent the domestic ideas. Even if the foreign stockholders are removed from the situation, 20 of the 25 stock holders are not chosen by the many, leaving the many with only 5 of the votes and the other 20 become the few creating an aristocracy of wealth. Jacksons main point on vetoing the second bank of America is because he wants a more egalitarian democracy and the bank doesnt fall under this very well....
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This note was uploaded on 04/06/2011 for the course RSC 1001 taught by Professor Dr.evens during the Spring '11 term at Blackhawk Technical College.
- Spring '11