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How Did Andrew Jackson Deserve The Hall Of Fame

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Andrew Jackson “The bank … is trying to kill me. But I will kill it!” (Appleby, 349). Andrew Jackson did not oppose central banking. Even though Jackson did some terrible things like removing the Indians to the west for more land, Jacksons Democracy also helped strengthen the U.S. Jackson should not be in the Presidential Hall of Fame for all he did to help strengthen the country, and fix corrupted banks. Andrew Jackson became Suspicious of all the banks, and paper money issues. Jackson was a anti-bank candidate. Jackson also believed that the nations coins should consist only gold or silver coins minted by the treasury and any foreign coins they choose. Henry Clay and Daniel Webster were planning to use the banks against Andrew Jackson presidential election. They used the banks against him because he was going against the banks, and they did not like him to much. Pro-Bank members of congress produced a renewal bill for bank charters, but Jackson vetoed it. In 1832 the bank played a large part of the election. There strategy for for gaining support on Henry …show more content…

When the indians were being removed to the west over 4,000 cherokees died. These indians died because the U.S wanted more land which was not right because they were here first. This was called “The Trail of Tears”. On May 28 1830 two years later after Andrew Jackson was elected as the president, he signed the Removal Act. Before the Cherokees left their land they refused. In 1832 a group of Native Americans called the Black Hawk led by Sauk Chieftain led a group back to their hometown in Illinois They wanted to recapture their homeland. When trying to recapture it the Illinois state militia and federal troops went and responded with force. They chased them to the Mississippi river and slaughtered almost all of them. Before all of this Jackson was elected as president in

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Andrew Jackson hated the national bank. The national bank had too much power, he had people spy on the bank and Jackson found out that when they gamble and lose they charge the bank. But when they win the all split it in evenly between them. So he said by the

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However Jackson believed that the bank was unconstitutional. He was not very fond of the fact that the wealthy people in the country benefited from the bank, while the people in poverty did not. Like many other Americans at the time, Jackson strongly believed that the National Bank had too much power, however he also believed that the bank was bad for the economy which was not true. The National Bank strongly backed the United States economy. Many knew this, including Henry Clay, who knew that if the bank no longer existed the economy would soon fall apart.

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Andrew Jackson By:Tyanne Moody My opinion is that Andrew did a good thing with the Philadelphia Bankers. Because with the way that they would charge the bank if they lost and kept the money when they won. They were just keeping it to themselves and if they didn’t catch them when they did then the bank would have owned more money than they already did. Andrew was the one to save Thousands of lives by catching the bankers.

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Jackson 's push to abolish national banks other wise known as "the bank wars" was one of his more well known pushes for small government. In 1832, Jackson had vetoed a bill calling for an early renewal of the Second Bank’s charter, but renewal was still possible when the charter expired

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Andrew Jackson was very against the growth of the new upcoming banking system in the

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After winning the battle, he took on two other causes that would come to define his presidency. First came the nullification crisis, which reinforced and reflected the growing hatred between Jackson and Calhoun, and the second issue was related to finance. Jackson’s battle against Calhoun and nullification was immediately concealed by his political showdown with the Second Bank of the United States. When Andrew Jackson assumed presidency, the bank was regulating the nation’s currency supply to the satisfaction of most members of the financial community and the economy was enjoying relative stability. Jackson argued that it concentrated power in a private corporation, so he opposed the

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This is important to why Jackson should be on currency is because it expresses Jackson's intentions to secure the national money from the powerful corporations that will destroy the economy. This proves why he vetoed the bank and shows the good he does. Another excerpt from the bank veto letter that shows Jackson’s good intentions is that he states,”Of the twenty-five directors of the bank five are chosen by the government and twenty by citizen stockholders” (Jackson, 1832). This indicates how he is concerned again that eighty percent of the people in control of the second national bank were wealthy. This resulted in the states having no control of their own money.

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He mistrusted paper money greatly, as well as believed in power to the common people. Andrew Jackson feared the Bank’s power. He was afraid of the Bank becoming stronger and lending that power to the elite without holding accountability towards them, something he believed great powers should have; accountability. Jackson specifically stated that he believed the Bank made “the rich richer and the potent more powerful.” Jackson liked the so-called farmer’s economy since it motivated people to be hardworking and independent.

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While the Bank of the United States created under Hamilton’s Federalist economic policy favored the wealthy New England elite, Andrew Jackson’s refusal to recharter the BUS in 1832 was not only personal in nature, but harmed the populace he claimed he was helping and representing, which resulted in economic downfall. Jackson was a strict constitutionalist who had a past with banks. Like many western Americans, he fell prey to land speculation and blamed banks for his economic woes and near imprisonment. He did not see the value in having a national bank due to his suspicion of its policies. His prejudice against the Bank led him to ignore the benefits the economy reaped as a result of the federal regulation of currency and credit.

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However, those who were relied on agriculture opposed it. Jackson had wanted to financially damage the bank so it would eventually go out of business. He believed that the bank cheated the farmers and made the rich richer. After destroying the bank, he had put the money into state banks, making the common man happy. By doing this, he had benefitted the common man.

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Jackson’s opponents have often labeled him as King Andrew the first, arguing that he had repeatedly disregarded the separation of powers and had overstepped the constitution (Document E/3). This was especially true when Jackson had vetoed the renewal of the Second Bank of the United states. Because all previous vetoes lied on the question of constitutionality, his critics believed that Jackson had dismissed the bill solely because he personally found it damaging to the nation. But in the eyes of Jackson, his attack was justifiable because the national bank was a private institution, gave an extensive amount of power in the hands of few elites over the poorer lower classes of farmers and laborers. As a democratic leader, Jackson showed that he had wanted to do what would best benefit the non-native, American people and put the them as his first

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One of the biggest thing that Jackson had done as a president was in 1832. Jackson vetoed a bill that would renew the second bank charter early. Jackson stated “I will kill it!”. He said this because he didn’t like the bank at all and he believed that it made the rich richer and the poor poorer. He said in his veto message “It is easy to conceive that great evils to our country and its institutions might flow from such a concentration of power in the hands of a few men irresponsible to the people.”

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Andrew Jackson was a not a "great" president because he was a cruel and power hungry man who abused his power during his presidency. There is a big difference between being good and great. He was not our worst president, but was not the best either. Jackson was considered, and considered himself to be “the man of the people”. One example of why he gained that title was because he was the first president who was not a member of the Colonial Aristocracy.

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Andrew Jackson has been remembered as a ground breaking president, even being put on the $20. President Jackson was a controversial figure, doing many popular and unpopular things in his time. Although he is remembered as a hero from the war of 1812, he also caused the Trail of Tears and tried to destroy the National Bank. As a result, Jackson should not be put on the $20 bill. His actions have caused many misfortune showing that villains do exist.

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The Trail of Tears was part of the Indian-removal process. The federal government drove out fifteen thousand Creeks from their land with promises of money and concessions. All across America, nearly a quarter of a million Native Americans, who eventually were stripped of their land by immigrants from Europe, lived happily in the Americas. In the early 1830’s, America was prosperous with natives. By the late 1830’s; however, barely any natives remained in the southeast of the United States.

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