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Who was the President of the National Bank in 1832 and political enemy of President Jackson?

James Madison


Who was the president of the bank of the us that president Jackson disliked?

Nicolas Biddle was the bank president and political enemy of Jackson.


Who supported Nicholas Biddle?

Andrew Biddle was the president of the Bank of the US. He was supported by the old establishment- especially in the Northwest . He was a bitter political enemy of Andrew Jackson and so was supported by many of Jackson's opponents.


A leading enemy of the Second National Bank of the US was?

Andrew Jackson


Who was the biggest enemy of the national bank in the 1820's?

The biggest enemy of the national bank in the 1820s was President Andrew Jackson. He strongly opposed the Second Bank of the United States, viewing it as a symbol of elite privilege and a threat to democratic ideals. Jackson's administration ultimately led to the bank's demise when he vetoed its recharter in 1832 and withdrew federal funds, which significantly diminished its power and influence.


What is Henry Clay known for?

He was known as the Great Compromiser for his work in the US Senate. He also ran for President and served as Secretary State in the J. Q. Adams administration. He was a political enemy of Andrew Jackson.


What is Henry Clay best known for?

He was known as the Great Compromiser for his work in the US Senate. He also ran for President and served as Secretary State in the J. Q. Adams administration. He was a political enemy of Andrew Jackson.


Former vice president leader of South Carolina nullifiers and bitter enemy of Andrew Jackson?

John C. Calhoun


What did marcy means by the spoils of the enemy?

Senator William I Marcy supported Andrew Jackson's replacement of John Quincy Adam's appointees by referring to the idea that "to the victor belong the spoils of the enemy." So, in a sense, Jackson created the "spoils system" of political patronage.


What did marcy mean by the spoils of the enemy?

Senator William I Marcy supported Andrew Jackson's replacement of John Quincy Adam's appointees by referring to the idea that "to the victor belong the spoils of the enemy." So, in a sense, Jackson created the "spoils system" of political patronage.


What Vice President of Andrew Jackson became his bitter enemy?

Andrew Jacksons rivals were the Whigs. Love: Jacey M.


What effect did President Jackson in vetoing the second bank of the UShave on the economy?

The bill was to re-charter the Bank of the US. The president of the bank was a long-time Jackson enemy and he pressured Congress to time the bill in order to make it a campaign issue. Jackson had long opposed the bank because it had become a political arm of the Eastern establishment of which Jackson was not a member. He believed that a national bank was unconstitutional. Jackson did more than veto the rechartering bill. After the bill failed, he did not wait for the charter to expire, but ordered federal funds to be withdrawn from the bank and placed in western state banks . This dried up capital in the East and made credit easy on the west, causing a unhealthy financial bubble in land speculation.