hist review

Hist review - Bank War The Bank War is the name given to controversy over the Second Bank of the United States and the attempts to destroy it by

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Bank War The Bank War is the name given to controversy over the Second Bank of the United States and the attempts to destroy it by then-president Andrew Jackson . At that time, the bank was the only nationwide bank and exerted tremendous inFuences over the nation's ±nancial system. However, in 1832 Andrew Jackson vetoed the renewal of the Second Bank of the United State ʼ s charter. [1] Jackson viewed the Second Bank of the United States as a monopoly since it was a private institution managed by a board of directors. Its president, Nicholas Biddle , exercised vast inFuence in the nation's ±nancial affairs. Removal of fund election of 1836 It was the only race in which a major political party intentionally ran several presidential candidates. The Whigs ran four different candidates in different regions of the country, hoping that each would be popular enough to defeat Democratic standard-bearer Martin Van Buren in their respective areas. The House of Representatives could then decide
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This note was uploaded on 04/06/2012 for the course HIST 220 taught by Professor Hamblin during the Winter '12 term at BYU.

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Hist review - Bank War The Bank War is the name given to controversy over the Second Bank of the United States and the attempts to destroy it by

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