preview

Andrew Jackson Case Analysis

Decent Essays

Many Southern states opposed the Second Bank of the United States, one of those was the state of Maryland that took James Culloch to court for not paying a tax that limited the bank's operations. The case was taken all the way to the Supreme Court, where they ruled that the Bank was constitutional. When Nicholas Biddle pushed to renew the Bank’s charter, Andrew Jackson, who hated and opposed the Bank, vetoed the legislation. Jackson moved funds to state banks that offered easy credit terms, which led to inflation; Jackson slowed this by only allowing government land to be bought with gold and silver, which ended up hurting the economy in the future.

Get Access