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Pet Banks

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12y ago
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Q: State banks in which President Jackson deposited government revenues?
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Related questions

What did president Jackson do with money taken from the bank of the US?

He had the money deposited in various state banks.


What did President Jackson do with the Federal Money that he took out of the 2nd National Bank in 1832?

He ordered it to be deposited in various state banks.


How did president Jackson plan to reform the government?

Spoils system


What was president Jackson's opinion of a strong central government?

MANDINGO


Did Andrew Jackson have any government positions?

ya, he! he was the president of the U.S.!


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 convinced Andrew Jackson to run for president in 1824?

corruption of the government and the will of people


Why did Jackson believe the president should dominate the federal government?

Kara kara


What bank did Jackson put his money in?

During that time, Nicholas Biddle was the President of the Bank of the United States (also called the BUS). Jackson tended to dislike the BUS because he thought that it was another evidence of too much government power. So, he ordered the secretary of the treasury to stop depositing government money in Biddle's bank. Instead, the government revenues from taxes and land sales would go into new accounts in 89 different state banks. These soon became known as Jackson's "pet banks".


Why was Andrew Jackson important as a president?

Andrew Jackson was such an important because be brought government to the people and he knew how to have a good time.


How do President Jackson stood up for the rights of states but acted forcefully to protect?

He acted to protect the authority of the federal government.


What policy did President Andrew Jackson implement that was not in agreement with the principles of the US Government?

he was bad.