Tom Boylan
Background• Started in 1816• Headed by Biddle• Control Inflation after War of 1812
Problem• Monopoly• Corrupt• Unconstitutional
OppositionWHIGS                           DEMOCRATS• For National Bank             • Against National Bank• Supported by R...
Results• Andrew Jackson Elected President     -Let Banks Term Expire• “No Government-Run Bank Since”
Credits• http://en.wikipedia.org/wiki/File:War_of_wea  lth_bank_run_poster.jpg• http://en.wikipedia.org/wiki/File:General_...
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Bank War

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Bank War

  1. 1. Tom Boylan
  2. 2. Background• Started in 1816• Headed by Biddle• Control Inflation after War of 1812
  3. 3. Problem• Monopoly• Corrupt• Unconstitutional
  4. 4. OppositionWHIGS DEMOCRATS• For National Bank • Against National Bank• Supported by Rich • Supported by Common Man – Northern Merchants • Andrew Jackson Support – Northern Manufacturers • Preferred State Banks – Southern Land Owners – Some Western Farmers
  5. 5. Results• Andrew Jackson Elected President -Let Banks Term Expire• “No Government-Run Bank Since”
  6. 6. Credits• http://en.wikipedia.org/wiki/File:War_of_wea lth_bank_run_poster.jpg• http://en.wikipedia.org/wiki/File:General_Jack son_Slaying_the_Many_Headed_Monster.jpg• http://www.archives.gov/exhibits/treasures_o f_congress/text/page9_text.html

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