JACKSONIAN DEMOCRACY 1825 1850
PRESIDENT ANDREW JACKSON
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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signed it
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ignored it
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vetoed it
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appealed to the Supreme Court
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Detailed explanation-1: -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. To explain his decision to the nation, Jackson issued this veto message on July 10, 1832.
Detailed explanation-2: -The bank’s charter was unfair, Jackson argued in his veto message, because it gave the bank considerable, almost monopolistic, market power, specifically in the markets that moved financial resources around the country and into and out of other nations.
Detailed explanation-3: -Jackson quickly vetoed the bill and defended his decision on constitutional principles, saying the Constitution does not specifically grant Congress the power to create a national bank.