IS FOR HOMEWORK PLEASE HELP ME?
2007-11-12 01:34:01 · 3 answers · asked by 9778667 1 in Politics & Government ➔ Politics
He opposed it because:
* It concentrated an excessive amount of the nation's
financial strength into a single institution
* It exposed the government to control by "foreign interests"
* It served mainly to make the rich richer
* It exercised too much control over members of the
Congress
* It favored Northeastern states over Southern and Western
states
Here is a link to his veto message (PDF)
http://www.historytools.org/sources/jackson-bank-veto.pdf
2007-11-12 03:29:41 · answer #1 · answered by Kate the Great 5 · 0⤊ 0⤋
It wasn't so much that he hated it, he favored making large deposits in so called "pet banks" that were run by democratics friends. Let the people rule was his motto.
2007-11-12 01:38:22 · answer #2 · answered by booman17 7 · 0⤊ 0⤋
Look it up
http://en.wikipedia.org/wiki/Andrew_jackson
2007-11-12 01:39:26 · answer #3 · answered by jskmarden 4 · 0⤊ 0⤋