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jacksonian democrats believed that the national bank
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In particular, the Jacksonians opposed government-granted monopolies to banks, especially the national bank, a central bank known as the Second Bank of the United States. Despite this, Jackson did not actively seek to destroy or fight the Bank, only vetoing the Bank's recharter and subsequently pulling out federal reserves. The Whigs, who strongly supported the Bank, were led by Daniel Webster and Nicholas Biddle, the bank chairman. Jackson himself was opposed to all banks, because he believed they were devices to cheat common people; he and many followers believed that only gold and silver could be money
was unconsitutional because they have strict interpretation of the Consitution.
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