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Comment: Andrew Jackson killed the Second Bank.

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Andrew Jackson killed the Second Bank.

Submitted by Mark Twain on Sat, 02/16/2013 - 22:54.


    Andrew Jackson killed the Second National Bank



        Rest In Peace
        1816 $ 1836


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        Second National Bank
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Eulogy: A Second Try Fails. By 1816 the political climate was again [pretended to be] in favor of a central bank; by a narrow margin [w/ large margin of error], Congress agreed to charter the Second Bank of the United States. But when Andrew Jackson, a central bank foe, was elected president in 1828, [Old Hickory] vowed to kill it. His attack on its banker-controlled power touched a popular nerve with Americans, and when the Second Bank’s charter expired in 1836, it was not renewed. That is it gasped... It expired.

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