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What did the charter of 1832 mean?

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Anonymous

11y ago
Updated: 8/20/2019

Which one ? - There were many Charters of 1832.

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Wiki User

11y ago

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Who supported Jacksons veto of the bank charter bill?

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How did Henry Clay and Daniel Webster make the bank of the US an issue in the election of 1832 Social studies?

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In July of 1832, President Andrew Jackson issued a veto of a bill that would have re-chartered the Second Bank. Jackson believed that the bank was corrupt.


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conflict isdisagreement between two or more people


What was a political consequence of Jackson fight against the National Bank?

Jackson's opposition made the bank charter an issue in 1832 election by pushing a bill to renew its charter through Congress before the charter was due to expire, forcing Jackson to veto it just before the election. The move backfired since Jackson won handily and his influence as President increased.


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Clay and Webster sought to bring the Bank of the United States charter up for renewal early to capitalize on its political implications in the 1832 presidential election. By pushing for renewal in 1832, they aimed to challenge President Andrew Jackson, who opposed the bank, and use it as a rallying point to galvanize support for their cause. They believed that a successful campaign to renew the charter would demonstrate the bank's importance to the economy and political stability, while simultaneously setting the stage for a conflict that would benefit their political ambitions.


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