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Essay heading: Jackson and the Bank Battle
 
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Issue: American History
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Date added: June 29, 2003
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No of pages / words: 7 / 1940
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The original President of the new bank was Captain William Jones, who proved to do little to help the bank in its beginning. After him came Langdon Cheves, who saved the bank during a financial panic in 1819 but left the people in a state of depression, especially those in the "West where political repercussions reverberated for almost ten years (Remini, "Andrew Jackson and the Bank War," 28)...
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The third and final president of the bank was Nicholas Biddle. He would stay on and fight for the bank until its last days. Biddle served as a strong administrator for the bank and it enjoyed prosperity and financial strength under his direction. However, Andrew Jackson disagreed with the idea of a privately owned national bank and wanted to change or destroy it...
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