Thursday 29 November 2012

The Common Man

Although Andrew Jackson received the majority vote from the common homosexual in several elections, his presidency became one bent on destroying the elites power over the nation. Through his war with the coast and destruction of party members within his cabinet, Andrew Jackson attempted to dethrone politicians born with silver spoons in their mouths. Jacksons actions brought an immediate satisfaction, besides had no lasting effects. Andrew Jacksons presidency has been called the Era of the normal Man, but his hidden agenda laid with destroying the elite. Andrew Jackson startle developed his hatred for the bank when the Panic of 1819 hit America. The bank, existence a federal venture, was required to pay back European debts. At the time, Jackson was harassed by the bank to give his loans, as they were desperate to obtain money. A man well angered, Jackson developed a discrimination towards banks that were not okay with 100% gold or silver, especially the mo affirm of America. When bank president Nicholas Biddle applied for the banks re-charter in 1832, cardinal years before its expiration, Jackson was forced to face his problem. The president did everything in his power to destroy the bank. He vetoed the charter that was plunk for by Henry Clay, a future presidential opponent.
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The earthly concern viewed Jacksons veto in great light and presently reelected him to office; Jacksons fight would be secured for the next quartette years. Jackson soon did everything within his powers to destroy the bank. He replaced his Secretaries of Treasury, supporters for the bank, with a Jacksonian loyalist. Jacksons next step hit the Second Bank hard. The President had all federal funds move back from the bank and relocated in seven state-chartered banks. This left Biddle in shock; he had lost his biggest contributor. Biddle thought of a centering to force Jacksons hand. The bank called for all loans to be repaid immediately and made no new loans. This caused a recession in 1834 and its intended outcome was to... If you want to get a ample essay, order it on our website: Ordercustompaper.com

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