Can someone breafly explain to me what the Bank war was?
@Mertsj
thanks man
Bank War, in U.S. history, the struggle between President Andrew Jackson and Nicholas Biddle, president of the Bank of the United States, over the continued existence of the only national banking institution in the nation during the second quarter of the 19th century. The first Bank of the United States, chartered in 1791 over the objections of Thomas Jefferson, ceased in 1811 when Jeffersonian Republicans refused to pass a new federal charter. In 1816 the second Bank of the United States was created, with a 20-year federal charter. In 1829 and again in 1830 Jackson made clear his constitutional objections and personal antagonism toward the bank. He believed it concentrated too much economic power in the hands of a small monied elite beyond the public’s control. For support, Biddle turned to the National Republicans—especially Henry Clay and Daniel Webster—turning the issue into a political battle.
I can never understand why you don't just google it yourself. I had never heard of the bank war but I typed your question into a yahoo search bar and had the answer in 15 seconds--less time than it took you to post the question.
because I try not to use the wikki stuff bacause it usualy isnt dependable so its good to have a second opinion to look at it :)
because*
I see although the logic of your response escapes me.
I mean that by, usualy someone who would try to answer the question should know alittle about the topic, so they would have a better chance of finding something correct...Do you understand that?
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