0
When the time came to renew the Bank's charter (because the current one did not expire until 1836), Jackson was sick in bed and vetoed the bill. In bed, Jackson even said to his friend Martin Van Buren, (who was vice president at the time, and will be the next president, #8.) "The bank, Mr. Van Buren, is trying to kill me. But I will kill it!" Jackson was clearly against the bank due to his "poor" uprising unlike the other presidents.
Wiki User
∙ 12y ago
Wiki User
∙ 15y agoI am not sure that I understand you question, but after Jackson got Congress to
refuse to re-charter the Bank of the US, in which all federal fund were deposited,
he ordered the removal of these funds into the various state banks that would accept
them.
Wiki User
∙ 15y agoHe urged Congress to abolish it by refusing to renew its charter.
After they did that, instead of waiting for the charter to expire, he
ordered the removal of federal funds from the bank,.
Wiki User
∙ 16y agoJackson took away it's federal charter although it would continue to be a state bank.
Wiki User
∙ 9y agoAndrew Jackson did not think that a federal bank was constitutionally. He feared that it would concentrate too much economic power in one place.
Wiki User
∙ 12y agohah he didn't.
Add your answer:
Earn +20 pts
Who Disapproved the bank of the US?
Andrew Jackson disapproved the bank.
What was the immediate effect of Andrew Jackson's attack on the Second Bank of the US in 1834?
an expansion of credit and speculation
Did Andrew Jackson's vetoing of the Bank defeat the US?
no
Who did not want a centralized Bank of the US?
Andrew Jackson was noted as being a foe of the Second Bank of the US.
A leading enemy of the Second National Bank of the US was?
Andrew Jackson
Did Andrew Jackson get and keep the us out of debt?
Yes Andrew Jackson got and kepted us out of dept by paying the Government (bank) the money that we all owed.
What was President Andrew Jackson opposed to?
US President Andrew Jackson was the 7th US president. He was opposed to a national US bank, and he was opposed to having the US Federal government in debt.
What was the outcome of the fight between Andrew Jackson and the Bank of the US?
The bank of the US lost its charter and died out , never to be revived again.
Why were the Cherokee removed to Oaklahoma form the Southeastern US?
They were planning to attack the president, Andrew Jackson.
What did President Jackson did about the national bank?
US President Andrew Jackson removed all government funds from the Bank of the United States. He also vetoed a new charter for the bank in 1832.
Who was Jackson's rival for presidency in 1832 who failed to save the bank of the US?
Henry Clay ran against Andrew Jackson in 1832.
Did Andrew Jackson replace the Bank of the US with one large state bank?
No, Andrew Jackson did not replace the Bankof the U.S with one large state bank. Instead he vetoed the charter to renew the bank of the U.S then he took out all of its money and distrubited the money to various state banks.
