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Jackson Assessed
Essay specific features


Written by:
Kenneth Q
Date added:
February 17, 2016
Level:
University
Grade:
A
No of pages / words:
8 / 2062
Was viewed:
8612 times
Rating of current essay:
Essay content:
Clay thought he had a sure fire plan to ensure his own presidency by forcing Jackson to either sign or veto a new bill to re-charter the US Bank. This would either cause the wealthy eastern landowners or the west to turn against him in the election. Jackson was against the bank from the start because he felt that it was a monopoly that only benefited wealthy landowners...
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He was correct in his opinion, because common Americans could not get loans from the US Bank nor use it for any purpose. Ordinary Americans would receive no benefit from the bank, but actually lose money from having to pay the tax on the re-charter and upkeep. Only about 200 Americans of the rich class held stock in it representing three fourths of the stocks holders...
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