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Biddle (Head of the bank) allies persuaded Congress to approve a bill extending the Bank of America for another twenty years. Jackson veto this saying it was unacceptable for Congress to create a source of concentrated power and economic privilege unaccountable to the people. Jackson along with other Americans mistrusted bankers as "nonproducers" who contributed nothing to the nation's wealth but labor of others. Jackson believed that "Hard money" - gold and silver - was the only honest currency.
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What did president Andrew Jackson do to halt passage of certain bills he disagreed with?
Like all Presidents thereafter, Jackson vetoed laws that he did not like and which were passed over the threat of his veto. The President before Jackson only vetoed a law if they thought it was unconstitutional.
Which president vetoed the bill that would recharter the Second National Bank?
Andrew Jackson
Which president vetoed to the bill to re-charter the bank of the US?
President Andrew Jackson vetoed the bill to re-charter the Bank of the United States in 1832.
What happened after congress renewed the charter for the bank of the United?
President Andrew Jackson vetoed the bill
What happened after the congress renewed the charter for the bank of the United States?
President Andrew Jackson vetoed the bill
What happened after congress renewed the charter for the bank of the United States?
President Andrew Jackson vetoed the bill
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.
What happened after Congress renewed the chater for the bank of the US?
Andrew Jackson vetoed the bill renewing the charter. Jackson did not favor a strong centralized government, and aimed to prevent a central government-run bank as well.
Who vetoed the national bank in 1832?
Andrew JAckson
Who vetoed the third bank of the United States?
The 10th president, John Tyler vetoed it
Did President Jackson veto the Erie Canal bill because he opposed the federal support for projects entirely within a single state?
Andrew Jackson served as US President from 1829-1837. The Erie Canal opened in 1825, long before Jackson could exerta veto as President. James Madison vetoed funding for the Erie Canal when he was president.
Who was the president of the national bank during Andrew Jackson's presidency?
Nicholas Biddle was the president of the bank. He challenged Jackson and got Congress to renew the bank's charter in 1832, an election year. Jackson vetoed the bill to re-charter and the existence of the bank became a campaign issue.
