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Jackson killed it by campaigning against the renewal of its charter and when that effort succeeded, he sped its death by ordering federal funds to be withdrawn from it.
He became president and took back all of the government loans, so then the bank had no money. which killed the bank

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How did Andrew Jackson effectively kill the bank after the election of 1832?

Andrew Jackson removed all of the money from the second national bank and moved it all into 23 "pet banks". Historians still debate today whether or not his actions were legal because the bank still had 4 years left under its charter.


What proportion of native Americans population died from Andrew Jackson?

Andrew Jackson did not personally kill many Indians . He was the commander of an army that fought Indians and killed maybe 2000 . He left office before the Trail of Tears took place and it was not the result of a presidential directive but rather an act of Congress. There were about 300,000 Indians in 1830, so you say that 2000 died from Andrew Jackson, that is 0.067%.


Andrew Jacksons dream for the us?

One of his main objectives was to get rid of the national bank. This was because he felt that the government (bank) had too much control over the people's money, and paper money was only worth what the government said it was worth. He wanted to get rid of paper money because the paper it was printed on was not worth the actual amount. Coin money was worth as much as its weight. So Andrew Jackson speculated that if someone had 100 dollars in paper money, and something happened to the bank and they couldn't back it in gold, then that paper money would be worthless. So Jackson was keeping the people's interest in mind. He also wanted to kill all black people, he was all for slavery.


Was a direct cause of panic of 1837?

The federal government stopped accepting paper money for the purchase of land.


What does the quote by Andrew Jackson - Elevate those guns a little lower - mean?

The quote by Andrew Jackson, "Elevate those guns a little lower," likely refers to adjusting the angle or elevation of the cannons or guns being used in battle. By lowering the elevation slightly, the aim of the guns may be adjusted to target enemies more effectively. This quote demonstrates Jackson's attention to detail and tactical mindset in military strategy.

Related Questions

Did Nicholas Biddle kill the 2nd National Bank?

Biddle was the president of the bank and certainly did not intend to kill it, but his challenge to Andrew Jackson to have the charter renewed in an election year did result its demise, so in a sense he helped kill it.


How did Andrew Jackson effectively kill the bank after the election of 1832?

Andrew Jackson removed all of the money from the second national bank and moved it all into 23 "pet banks". Historians still debate today whether or not his actions were legal because the bank still had 4 years left under its charter.


What national program did Jackson effectivly kill because he thought it served the interests of the wealthy?

national bank


Why did Andrew Jackson kill his adopted son?

Andrew Jackson did not kill his adopted son, Lyncoca. Lyncoca died of disease.


What did Jackson do with National Bank funds?

In Jackson's own words: "The Bank, Mr. Van Buren, is trying to kill me, but I will kill it!" And kill it he did. In 1832, the Bank had to be re-chartered, and because Jackson's intentions were known, the Bank became a major election issue. But when the time came, Jackson vetoed the charter and disbanded the bank. The funds went to local banks and western "pet banks."


Did Andrew Jackson kill his son?

yes


How did Andrew Jackson '' kill'' the bank?

Jackson killed it by campaigning against the renewal of its charter and when that effort succeeded, he sped its death by ordering federal funds to be withdrawn from it.He became president and took back all of the government loans, so then the bank had no money. which killed the bank


Why did Richard s Sherman kill Andrew Jackson's father?

crackhead


Did Jackson promise to sign a bank re charter bil if congress sent it to him or did he promise it kill it?

Jackson vetoes the bank re-charter bill. He never hid his dislike of the bank.


How did Andrew Jackson attack the Bank of the US?

When the time came to renew the Bank's charter (because the current one did not expire until 1836), Jackson was sick in bed and vetoed the bill. In bed, Jackson even said to his friend Martin Van Buren, (who was vice president at the time, and will be the next president, #8.) "The bank, Mr. Van Buren, is trying to kill me. But I will kill it!" Jackson was clearly against the bank due to his "poor" uprising unlike the other presidents.


How do you think Andrew Jackson might have countered his critic's accusations that he was acting like a king?

Henry Clay, Daniel Webster, and other Whig leaders proclaimed themselves defenders of popular liberties against the usurpation of Jackson. Hostile cartoonists portrayed him as King Andrew I. Behind their accusations lay the fact that Jackson, unlike previous Presidents, did not defer to Congress in policy-making but used his power of the veto and his party leadership to assume command. The greatest party battle centered around the Second Bank of the United States, a private corporation but virtually a Government-sponsored monopoly. When Jackson appeared hostile toward it, the Bank threw its power against him. Clay and Webster, who had acted as attorneys for the Bank, led the fight for its recharter in Congress. "The bank," Jackson told Martin Van Buren, "is trying to kill me, but I will kill it!" Jackson, in vetoing the recharter bill, charged the Bank with undue economic privilege.


Why did Andrew Jackson kill Charles Dickinson?

because they were fighting over wives