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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How did Henry Clay use the bank recharter bill to further his own career?
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He thought he’d become bank president if it was approved.
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He’d oppose it if Jackson put him in charge of a “pet bank.”
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He thought it would help him become president.
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He’d oppose it if Jackson made him his running mate.
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Explanation:
Detailed explanation-1: -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-2: -President Andrew Jackson, like Thomas Jefferson before him, was highly suspicious of the Bank of the United States. He blamed the bank for the Panic of 1819 and for corrupting politics with too much money. After congress renewed the bank charter, Jackson vetoed the bill.
Detailed explanation-3: -Clay considered the bank issue, if it could be made an issue, to be in his favor. In 1836, the bank would die, or cease to be national bank, if not rechartered by congress.
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