he was concerned about the size of the government-apex
The battle over national bank happened when president Jackson wanted to get rid of the 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.
President Madison and Congress approved the creation of the new national bank in 1816 primarily to stabilize the nation's economy after the War of 1812, which had exposed weaknesses in the financial system. The bank aimed to provide a uniform currency, facilitate government transactions, and regulate credit, addressing the financial chaos that had arisen from state-chartered banks. Additionally, it was seen as essential for managing public debt and fostering economic growth through better access to capital.
Nicholas Biddle
Alexander Hamilton
he was concerned about the size of the government-apex
He was concered about the size of the government
James Madison
Madison National Bank was created in 1918.
He was concered about the size of the government
The continued existence of a national bank
He was concered about the size of the government
he decided to let the term of the national bank end.
He decided to let the term of the National Bank end.
Madison showed that he wanted the government to remain small by deciding to let the term of the national bank end.
I am not 100% sure about this one, but I will help you as best I can as I am currently an honors social studies student :). They both opposed to a national bank because they thought it was unconstitutional as nowhere in the Constitution did it allow a national bank to be created.
The battle over national bank happened when president Jackson wanted to get rid of the national bank