On what two grounds did Jackson oppose the 2nd Bank of the United States?
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This time, it was Jackson against the Bank of the United States. The First Bank of the United States had closed in 1811. But without a central bank, the country's finances had suffered during the War of 1812. So in 1816, Congress provided money to establish the Second Bank of the United States.
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This time, it was Jackson against the Bank of the United States. The First Bank of the United States had closed in 1811. But without a central bank, the country's finances had suffered during the War of 1812. So in 1816, Congress provided money to establish the Second Bank of the United States.
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