During the changing economic and social conditions of the 1820's
and 1830's there was much hostility between the Bank on the one
hand, and rising capitalists, urban workers, and farmers on the
other. In this context, Jackson aimed to do away with the Bank. The
Bank's supporters, however, struck back. In a move intended to
wrench political support from Jackson, Henry Clay forced a bill
through the Senate to recharter the Bank. Jackson vetoed the bill,
beginning the long struggle which has become known as "The Bank
War." Jackson defeated Clay in the presidential election of 1832
despite Clay's efforts. Taking his political victory as a mandate
from the people to destroy the Bank, he withdrew federal deposits,
thereby setting the stage for the Bank's eventual death in
1836.
In this book, Robert V. Remini begins by discussing the
antagonists in the Bank War: Jackson and Biddle. He states that
"the destruction of the Bank occurred because it got caught between
these] two willful, proud, and stubborn men..." He then goes on to
details of the struggle, "emphasizing the ways in which the War
transformed the presidential office: how Jackson capitalized on the
struggle to strengthen the executive branch of the government and
infuse it with much of the power it enjoys today."
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!