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The second national bank was unconstitutional because Andrew Jackson believed that the bank mainly looked out for the rich and powerful and the common man. You have to remember, that during Jackson's presidency it was also the time for the common age (where the president suppots the common people)
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Is the national bank and the second bank of the US the same?
The National Bank and the Second Bank of the United States are the same. The term national bank can refer to the Bank of North America as well as the First Bank of the United States.
Who owned the second national bank of the US?
The United States goverment.
What was the moneyed monster that Clay tried to preserve and that killed with his veto in 1832?
the second national bank
What president believed that the constitution did not give congress the authority to create a national bank?
The First Bank of the United States was opposed by Presidents Thomas Jefferson and James Madison, who both believed it to be unconstitutional.
What happened as a result of the Second National Bank?
It restored order to the money supply, but the economy never recovered.
