Common Man Era

The Bank war started in 1832 when the congress, lead by Henry Clay, renewed the Second National Bank's charter even though it wasn't meant to expire till 1836. The Second Bank centralized financial might, jeopardizing economic stability, and it did not answer to anyone within the government. That partly concerned Jackson because he had no way to control it. Also because of his previous election experiences, he thought that a bank with that much power could not remain free from the electoral process. That was one of his reasons for wanting the bank gone, the other was that he saw the national bank system as corrupt and unjust because it only benefited the elites and was suspected to favor the wealthy. Jackson knew that if the bank was not shut down the gap between the rich and poor would keep growing, resulting in an unstable economy. By vetoing the bank’s charter, withdrawing the federal government's deposits from the Bank of the United States, and placing it in state banks called pet banks he was helping then general people and working for the good of the nation. Taking out money from the Second National Bank was a clever way to get what he wanted, but he was simply looking out for the common man. Because the bank only helped the wealthy, a small percentage of the population, he was taking care of the general people and not letting the priority fall to a minority who was

Another reason why Andrew Jackson’s presidency was different was because of his attack on the Bank of the United States. In 1832, Andrew Jackson vetoed the bill to recharter the bank. Jackson believed the bank had an unfair advantage over the other banks. The national bank would get all the federal tax revenues instead of the state or private banks. Also the bank’s president, Nicholas Biddle would extend loans to the men in the congress at lower rates of interest than he would do to regular people. Because Jackson thought the bank was unjust he took away its federal charter and the bank became a state bank. Jackson appointed a secretary of treasury after his reelection in 1832. The secretary of treasury placed all government funds in certain state banks, otherwise known as the pet banks. The national bank became the Philadelphia bank for a while until it went out of business.

Jackson tried to destroy the national bank because he thought it only helped out the rich. In regarding the national bank veto Daniel Webster claims “It raises a cry that liberty is in danger, at the very moment when it puts forth claims to powers heretofore unknown and unheard of.... It manifestly seeks to inflame the poor against the rich,”(Document 5). What Webster is saying by this is that he thinks that if we destroy the National bank we will lose all sense of freedom.

Andrew Jackson appealed to the common man as being a military hero, frontiersman, and a populist. Though Jackson challenged the political, social and economic upper class. Jackson and the democrats reinforced this image because they fought for white individual liberty, equality of economic opportunity, political democracy and he went with his better judgement despite the supreme court's decision.

He issued high tarrifs, as high as 33 percent on imports, to protect American manufactorers from cheaper foriengers. Many people repsected him for trying to keep American goods in America and protect his manufactorers. But some states like South Carolina suffered and Jackson ignored them. The next act that Jackson did was attempting to destroy the banks. As he saw before the banks were a disator waiting to happen. Many people supported him, not the whigs, on this idea and made him very popular. Jackson took steps to destroy it. The economy took a small dip it shot back up, the national debt had dissapered and for the first and only time between 1835 and 1873, the governemnt had a financial surplus. After his term he wanted Martin Van Buren for president. Jackson laid the foundation down for democracy and made very important changes that made the economy affluent. He appealed to the common man and proved that he did. He was best known for killing the national bank, being the first non-aristocratic president, and creating Jacksonian

In addition to creating a more democratic country, Jackson also tried to establish equal economic opportunity for the people of America. The best example of this is the vetoing of the charter of the Bank of the United States. The bank was a huge monopoly. It was ran by aristocrats, most of which were from England. Nicholas Biddle, who was the president of the bank, often used funds from the bank to lend money to the members of Congress, thus wining their support.

Jackson firmly believed in quality of economic opportunity, which he showed several times throughout his presidency. He believed the national bank helped the wealthy elite and that state banks would help the common man more. Also by

Despite the outcome I fully believe that the election of 1828 did in fact, create a democratic revolt of the people because of the social and political backlash that the election created. The election of Andrew Jackson as President in 1828 marked the beginning of an era known as Jacksonian Democracy or the Age of the Common Man. The changes in politics during Jackson's presidency provided various social and economic changes.

Andrew Jackson was the seventh president of the United States. His presidential term was from March 4, 1829 to March 4, 1837. Jackson was not about banks. Jackson hated the idea of the Second Bank charter renewal. One of Jackson’s famous quotes was; “The Bank… is trying to kill me, but I will kill it.” Jackson’s opinion of the Bank of the United States was that it was dangerous to the liberty of the people. Jackson’s opposition to banks became like an obsession. In 1832, Jackson vetoed the bill calling for an early renewal of the Second Bank’s charter even though the renewal was still possible when the charter expired in 1836. In order to prevent that from happening, Jackson set out to reduce the Bank’s economic power. Jackson acted against the advice of many congressional committees and several cabinet members. On October 1, 1833, Jackson announced that federal funds would no longer be deposited in the Bank of the United States. Jackson began placing the

In addition to creating a more democratic country, Jackson also tried to establish equal economic opportunity for the people of America. The best example of this is the vetoing of the charter of the Bank of the United States. The bank was a huge monopoly. It was ran by aristocrats, most of which were from England. Nicholas Biddle, who was the president of the bank, often used funds from the bank to lend money to the members of Congress, thus wining their support.

Andrew Jackson, whose presidential term lasted from 1829-1837, was the first president to ever be chosen by the people to lead. Because he was not born into a rich family, people felt that they could relate to him better. He too preferred supporting the common public over the wealthy aristocrats. During Jackson’s period in office he was able to shift the majority of power in the United States to farmers and small businesses in the western part of the country. Jackson vetoed many bills in order to benefit common people and also created the spoils system to balance out his cabinet. Like Jefferson, Jackson was extremely opposed to the Bank of the U.S., believing that it would only make the wealthy even

Jackson resented banks because he was a man who came from a family of poor farmers who paid with goods and crops. He saw banks as only useful to the wealthy, so when Henry Clay proposed “The Bank Bill”, which was in favor of the recharter, Jackson vetoed it. Andrew Jackson only thought about himself, and people who were like him, poor farmers. In total, vetoed twelve bills during his presidency, which was more than all of the preceding presidents combined. Again, Jackson set his mind to do something, and it was done.

Jackson was a supporter of the working class; he was viewed as a true liberal democratic. The Second Bank appeared to be monopolistic and aristocratic. This did not coincide with Jackson’s views on politics, economics, and society. Jackson did not

economy. Jackson’s publicity of his hatred for banks stemmed from the monopolistic power the bank possessed. Jackson believed in only hard money, and said, “I have always been opposed to the United States Bank, nay all banks” (Tindall 346). The issue of

To begin with, the National Bank was the rich and powerful's great friend, but Jackson's enemy. The bank didn't really cater to the poor. Being the common man Andrew Jackson is this made him furious. The National Bank