President Andrew Jackson favored limited government when it came to the bank of the United States.
But like other people Jackson didn't like the banks and thought paper money was of no value, but later Jackson believed that the Bank was unconstitutional Becuase the Constitution had not given Congress the expressed power to set up such bank.
Then Jackson ignored the Supreme Court's ruling in McCullough V. Maryland(1819) which held up the implied powers of Congress.
Early in his first term. Jackson made his views on the Bank known.
Then, he set out to DESTROY the Bank. So really he didn't support a national banking system.
cuz he can :D
Since he was elected because of ''the common man'' that he was he had to hold that background true, so he felt that the Second Bank of America had too much power and that it only favored a privileged few. So he hated it because of the it favored the elite, not the common man.
No. President Andrew Jackson strongly opposed the renewal of its charter.
Jackson greatly opposed the Second Bank of the US, and sought to get rid of it.
no
no
Andrew Jackson did not support the concept of a strong centralized federal government. He favored a limited government with more power given to the states. Jackson also opposed the idea of a national bank, believing it benefited the wealthy at the expense of the common people.
Andrew Jackson became a national hero
Andrew Jackson.
Andrew Jackson received the most support from Southern Farmers in the 1824 election.
Andrew Jackson opposed the first National Bank because he disliked the people running the national bank.
Andrew Jackson received the most support from Southern Farmers in the 1824 election.
Andrew Jackson opposed the first National Bank because he disliked the people running the national bank.
$58,421,413.61 at the time andrew jackson took office :)
Andrew Jackson received the most support from Southern Farmers in the 1824 election.
yes
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