Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance

The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance

Kahan, Paul

Hardcover

AccountingInvesting & Finance19th Century United States History

Currently unavailable to order

ISBN10: 1594162344
ISBN13: 9781594162343
Publisher: Westholme Pub
Published: Dec 17 2015
Pages: 200
Weight: 0.90
Height: 0.80 Width: 6.10 Depth: 9.10
Language: English
The Battle over the Charter of the Second Bank of the United States and Its Lasting Impact on the American Economy
Late one night in July 1832, Martin Van Buren rushed to the White House where he found an ailing President Andrew Jackson weakened but resolute. Thundering against his political antagonists, Jackson bellowed: The Bank, Mr. Van Buren, is trying to kill me, but I shall kill it!With those famous words, Jackson formally declared war against the Second Bank of the United States and its president Nicholas Biddle. The Bank of the United States, which held the majority of Federal monies, had been established as a means of centralizing and stabilizing American currency and the economy, particularly during the country's vulnerable early years. Jackson and his allies viewed the bank as both elitist and a threat to states' rights. Throughout his first term, Jackson had attacked the bank viciously but failed to take action against the institution. Congress' decision to recharter the bank forced Jackson to either make good on his rhetoric and veto the recharter or sign the recharter bill and be condemned as a hypocrite.

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