Bank Battle

By Nicholas A
  • Creation of the Second Bank of the U.S.

    Creation of the Second Bank of the U.S.

    The Second Bank of the U.S. was created after the economic damage that the War of 1812 had cause America. The first national bank had ended in 1811 so they had not had a central bank for about 4-5 years, so the supporters of the second national bank hoped that it would provide stability by providing and regulating currency, help recover from the debt that the war had caused, and to support industry.
  • Election of 1840

    Election of 1840

    The Election of 1840 ended the Jackson-Buren era by losing to Whig candidate William Henry Harrison. The Whig party had recently formed in 1834 and was the opposing party to the Jacksonian Democrats that had held power for more than a decade. They had formed to unite against "King Jackson" as they believed that he was a tyrannical leader. They won majority in Congress and the presidency, which would have helped them implementing their policies but President Harrison died a month later.