JACKSONIAN DEMOCRACY 1825 1850
JACKSONIAN AMERICA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the bank had too much power and favored the wealthy.
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the bank restricted Jackson from raising tariffs.
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the bank did not permit the use of gold and silver for currency.
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None of the above
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Detailed explanation-1: -Jackson’s distrust of the Bank was also political, based on a belief that a federal institution such as the Bank trampled on states’ rights. In addition, he felt that the Bank put too much power in the hands of too few private citizens–power that could be used to the detriment of the government.
Detailed explanation-2: -After congress renewed the bank charter, Jackson vetoed the bill. The following was the message he gave to congress after issuing his veto. Jackson’s decision was controversial. Some Americans accused him of acting like a dictator to redistribute wealth.
Detailed explanation-3: -When Congress voted to extend the Second Bank’s charter in 1832, Jackson vetoed the bill. To explain his decision to the nation, Jackson issued this veto message on July 10, 1832.