Age of Jackson- Jackson Kills the Bank

Age of Jackson- Jackson Kills the Bank

Open Ended

In the previous slide, you saw an image of President Jackson dressed like a king, standing on top of the charter for the Second Bank of the U.S. and the U.S. Constitution, which have both been torn into pieces. PREDICT what you think this means is going to happen.

Multiple Choice

True of False: Andrew Jackson had a lot in common with the president of the national bank, Nicholas Biddle.

• True

• False

Multiple Choice

Why did Jackson oppose the national bank?

• He didn't like it's founder, Alexander Hamilton.

• He believed it only favored poor farmers.

• He believed it only favored the wealthy.

Multiple Choice

Why did Clay and Webster convince Biddle to apply for the bank's renewal charter early?

• They hoped it would help Jackson win the Election of 1832.

• They hoped it would hurt Jackson's chances of being re-elected since they knew he would veto it.

Multiple Choice

In McCulloch v. Maryland, the Supreme Court ruled that the national bank was-

• constitutional

• unconstitutional

Multiple Choice

True or False: The Supreme Court's ruling in "McCulloch v. Maryland" stated that Congress's establishment of the bank was a necessary and proper use of its implied powers.

• True

• False

Poll

Do you think Jackson cared what the Supreme Court had to say about the national bank?

• yes

• no

Multiple Choice

Who won the Election of 1832?

• Jackson

• Clay

• Wirt

• Floyd

Multiple Choice

To what political party did Jackson belong?

• Democrat

• Republican

• Anti-Masonic

Multiple Choice

How did Andrew Jackson "kill" the 2nd Bank of the U.S.?

• He challenged it to a duel.

• He withdrew all its funds and placed the money in state banks, then refused to sign its renewal charter.

• He convinced the Supreme Court to overturn its own ruling and say the bank was actually unconstitutional.

Open Ended

After reading Jackson's 1832 bank veto message, summarize his arguments against the banking system.