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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danger to the liberties of the people.
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narrow interpretation of constitutional powers.
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blow to congressional authority.
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tool to undermine a natural aristocracy.
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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: -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-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.
Detailed explanation-4: -To hasten the end of the bank, Jackson ordered the U.S. government deposits (20 percent of its funds) be withdrawn and deposited in state banks so the state banks could make the loans the Bank had stopped making. This pro-Jackson political cartoon from 1833 applauds the removal of the deposits.