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American History


Written by:

Manuela H


Date added:

April 6, 2014








No of pages / words:

2 / 287


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10072 times


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The leader of the bank, Biddle saw the end of the bank was near so with the direction of Henry Clay he tried to rechater the bank even though the charter did not run out until 1836. Jackson quickly vetoed this re-chartering. Some people began to question how the executive branch had the power to destroy the bank...
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(Doc#13). It is very hard to override a veto so the plan to rechater the bank was over. Jackson's Next plan was to get rid of the bank completely by letting funds drain and put new federal money in Pet banks. His Secretary of treasury, Mclane would not let him do this so he promoted him and got a new Secretary of treasury who was named Duane...
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