because he likes destroying things!!!!!!!!!!!!!!!!!!!!!!!!!!
Mr Biddle's bank is another name for the 2nd national bank of the US. It was around in the early 1800s. President Jackson (in office 1828 to 1836) hated the bank, and worked to destroy it during his presidency.
the rich and well-born
Andrew Jackson
He tried to get rid of the bank and he succeeded in blocking the renewal of its charter, thus ending its existence.
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.
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.
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.
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 Jackson had withdrawn Federal government funds from that bank and effectively ending the so-called national bank.
Jackson greatly opposed the Second Bank of the US, and sought to get rid of it.
Us President Andrew Jackson was well known for his sound fiscal policies he undertook as the US president. For example, he was the only president to pay off the Federal government's debt. This was fine with the US Senate, however, in 1863, Jackson effectively ended the US National Bank by withdrawing Federal funds for it. In a de facto manner, he basically ended the bank, although he would do so formally by not renewing its charter. With that said, the majority of Senators believed that when Jackson removed US funds from the National Bank, he performed an unconstitutional act. It was all bluster, however, for despite the Senate's objections, Jackson had his way.
The National Bank; there were disagreements over it during Jackson's presidency.
President Jackson famously vetoed the re-chartering of the Second Bank of the United States and removed federal funds from the bank, effectively ending its existence as the national bank. He argued that the bank wielded too much power and was undemocratic, favoring the interests of the wealthy over the common people. This decision had a significant impact on the economy and led to the widespread use of state-chartered banks.