After independence, the various attempts at launching a unified national and exclusive currency failed when President Jackson vetoed the recharter
the Second Bank of the United States.
57) Andrew Jackson vetoed the recharter
of the Second Bank of the
On July 10, 1832, Jackson vetoed the bill passed to recharter
the Bank of the United States.
Pursuant to FACA, advisory committees are required to recharter
every two years, unless statutorily exempted (5 U.
Jackson, Senator Thomas Hart Benton and others battled Bank supporters, and they were ultimately successful in killing the institution with Jackson's veto of a recharter
bill in 1832.
A church in our town refused to recharter
a Boy Scout troop, which is their right, because the Boy Scouts of America now allow gay boys to join.
73) Chase "opposed a high tariff, a recharter
of the now defunct Bank of the United States, (a Whig priority), or any system of government support for corporate banking.
26) Some years later, President Jackson took a similar view of the executive's responsibility when he vetoed the bill to recharter
the Bank of the United States, resting on a constitutional objection--Congress's lack of legislative authority--that the Supreme Court had rejected in McCulloch v.
Many of the older cities and towns of the eastern seaboard had been chartered municipal corporations, though, in the decades following the Revolution, the states began to revoke the prerevolutionary charters and to recharter
municipalities as creatures of the states.
States in Georgia before taking office, favored the recharter
Gambling that Jackson would not want to confront the bank issue on the eve of his bid for reelection, Biddle applied early to recharter
After nearly 20 years of inflation, fraud, political corruption, and boom-and-bust cycles caused by the Second Bank of the United States, President Andrew Jackson heroically vetoed the bill to recharter
the Bank in 1834, and it went out of business.