USA HISTORY

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JACKSONIAN DEMOCRACY 1825 1850

JACKSONIAN AMERICA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
“The bold effort the present bank had made to control government (Second National Bank of the U.S.), the distress it has wantonly produced ____ are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another like it."-President Andrew JacksonFrom this passage, it is clear that President Jackson believes the Second Bank of the United States
A
should be allowed to continue to exist.
B
is unconstitutional and should be eliminated.
C
is the greatest creation of the Constitution.
D
does not receive enough support from Americans.
Explanation: 

Detailed explanation-1: -Jackson, the epitome of the frontiersman, resented the bank’s lack of funding for expansion into the unsettled Western territories. Jackson also objected to the bank’s unusual political and economic power and to the lack of congressional oversight over its business dealings.

Detailed explanation-2: -Andrew Jackson vetoed the bill re-chartering the Second Bank in July 1832 by arguing that in the form presented to him it was incompatible with “justice, ” “sound policy” and the Constitution.

Detailed explanation-3: -President Andrew Jackson disagreed. Jackson-like Jefferson and Madison before him-thought that the Bank of the United States was unconstitutional. When Congress voted to extend the Second Bank’s charter in 1832, Jackson vetoed the bill.

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