Bank of the U.S. and the Veto
President Jackson hated the Bank of the United States. No bank in America had more power than it, and Jackson mistrusted monopolistic banking. The Bank of the U.S. controlled much of the nation’s gold and silver. The President of the Bank was Nicholas Biddle. The war between Jackson and Biddle erupted in 1832, when Daniel Webster and Henry Clay presented Congress with a bill to renew the Bank of the United States’ charter. The re-charter bill was passed through Congress, but was vetoed by President Jackson. The veto not only stopped the bank bill, but increased the power of the President. Jackson said that the bank was unconstitutional, but was actually saying that he personally found it harmful to the nation. The Supreme Court had said that the Bank of the U.S. was constitutional earlier. Jackson decided he was going to slowly shrink the amount of money in the Bank by using it to pay for day-to-day expenses of the government, this way......

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Title: Dbq
Approximate Word Count: 1774
Approximate Pages: 8 (250 words per double-spaced page)

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