The back channel on the National Bank charter was that charter ran to 1836. But politics came in to tarnish the whole episode. Henry Clay the Whig from Kentucky needed an issue for his campaign. Clay brought it up to the surface by claiming the bank was ok. This was in hopes that Jackson would never veto such law, and strike a gulf between the two men and Clay believed he would have the better of it.
Jackson won the election of 1832 after the bank president forced renewal of the bank charter to be a campaign issue. After the charter was not renewed, Jackson hastened its demise by ordering federal money to be taken out of it and moved to state banks.
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.
President Jackson issued the Specie Circular of 1836
Alexander Hamilton
The state of local economies was the issue that most impacted the political thinking of Americans during Jackson's presidency. Andrew Jackson was the 7th U.S. President.
The state of local economies was the issue that most impacted the political thinking of Americans during Jackson's presidency. Andrew Jackson was the 7th U.S. President.
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.
president.
President Jackson issued the Specie Circular of 1836
US President Andrew Jackson was censored by the US Senate in 1834, because it was claimed that Jackson performed illegal and unconstitutional executive acts.. This issue was directly related to Jackson's actions regarding the Second Bank of the United States. Jackson had withdrawn Federal government funds from that bank and effectively ending the so-called national bank.
He got punched in the face by a black kid.
he was a good president and that made up for it