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Author: Paul Kahan Publisher: ISBN: 9781594163777 Category : Languages : en Pages : 200
Book Description
The Battle over the Charter of the Second Bank of the United States and Its Lasting Impact on the American Economy Late one night in July 1832, Martin Van Buren rushed to the White House where he found an ailing President Andrew Jackson weakened but resolute. Thundering against his political antagonists, Jackson bellowed: "The Bank, Mr. Van Buren, is trying to kill me, but I shall kill it!"With those famous words, Jackson formally declared "war" against the Second Bank of the United States and its president Nicholas Biddle. The Bank of the United States, which held the majority of Federal monies, had been established as a means of centralizing and stabilizing American currency and the economy, particularly during the country's vulnerable early years. Jackson and his allies viewed the bank as both elitist and a threat to states' rights. Throughout his first term, Jackson had attacked the bank viciously but failed to take action against the institution. Congress' decision to recharter the bank forced Jackson to either make good on his rhetoric and veto the recharter or sign the recharter bill and be condemned as a hypocrite. In The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance, historian Paul Kahan explores one of the most important and dramatic events in American political and economic history, from the idea of centralized banking and the First Bank of the United States to Jackson's triumph, the era of "free banking," and the creation of the Federal Reserve System. Relying on a range of primary and secondary source material, the book also shows how the Bank War was a manifestation of the debates that were sparked at the Constitutional Convention--the role of the executive branch and the role of the federal government in American society--debates that endure to this day as philosophical differences that often divide the United States.
Author: Paul Kahan Publisher: ISBN: 9781594163777 Category : Languages : en Pages : 200
Book Description
The Battle over the Charter of the Second Bank of the United States and Its Lasting Impact on the American Economy Late one night in July 1832, Martin Van Buren rushed to the White House where he found an ailing President Andrew Jackson weakened but resolute. Thundering against his political antagonists, Jackson bellowed: "The Bank, Mr. Van Buren, is trying to kill me, but I shall kill it!"With those famous words, Jackson formally declared "war" against the Second Bank of the United States and its president Nicholas Biddle. The Bank of the United States, which held the majority of Federal monies, had been established as a means of centralizing and stabilizing American currency and the economy, particularly during the country's vulnerable early years. Jackson and his allies viewed the bank as both elitist and a threat to states' rights. Throughout his first term, Jackson had attacked the bank viciously but failed to take action against the institution. Congress' decision to recharter the bank forced Jackson to either make good on his rhetoric and veto the recharter or sign the recharter bill and be condemned as a hypocrite. In The Bank War: Andrew Jackson, Nicholas Biddle, and the Fight for American Finance, historian Paul Kahan explores one of the most important and dramatic events in American political and economic history, from the idea of centralized banking and the First Bank of the United States to Jackson's triumph, the era of "free banking," and the creation of the Federal Reserve System. Relying on a range of primary and secondary source material, the book also shows how the Bank War was a manifestation of the debates that were sparked at the Constitutional Convention--the role of the executive branch and the role of the federal government in American society--debates that endure to this day as philosophical differences that often divide the United States.
Author: Nicholas Biddle Publisher: Penn State University Press ISBN: 9780271009148 Category : Literary Collections Languages : en Pages : 243
Book Description
In the course of a sojourn to Europe, Biddle sailed to Greece, then a part of the Ottoman Empire. Half of the journal he kept on the trip has only recently been discovered, and the other half is known to only a few people because it is still in private hands. Taken together, these two journals (plus the four extant letters that Biddle wrote to his family in Philadelphia) are a mine of information about the formative influences on his career, about the politics and personalities of Napoleon's Europe, about the condition of Greece and its ancient monuments under the Turkocratia, and even about the American naval war against the Barbary pirates. Despite being written by a twenty-year-old, these journals are remarkable for their literary quality and their general liveliness. Perhaps because they were not written to be published, they have a freshness and honesty lacking in more formal works of travel.
Author: R. A. McNeal Publisher: Penn State Press ISBN: 027104165X Category : Travel Languages : en Pages : 258
Book Description
Nicholas Biddle (1786-1844) was a noted politician and financier in early nineteenth-century America. At eighteen, he went to Europe as the secretary of the American minister to France. He also made the acquaintance of James Monroe when Monroe was the American ambassador to London. He was later elected to the state legislature and senate of Pennsylvania. Ultimately he became a director and then the president of the Bank of the United States. In the course of a sojourn to Europe, Biddle sailed to Greece, then a part of the Ottoman Empire. Half of the journal he kept on the trip has only recently been discovered, and the other half is known to only a few people because it is still in private hands. Taken together, these two journals (plus the four extant letters that Biddle wrote to his family in Philadelphia) are a mine of information about the formative influences on his career, about the politics and personalities of Napoleon's Europe, about the condition of Greece and its ancient monuments under the Turkocratia, and even about the American naval war against the Barbary pirates. Despite being written by a twenty-year old, these journals are remarkable for their literary quality and their general liveliness. Perhaps because they were not written to be published, they have a freshness and honesty lacking in more formal works of travel. McNeal's extensive introduction illuminates the early nineteenth-century background of Biddle's journals.
Author: Robert Vincent Remini Publisher: W. W. Norton ISBN: 9780393097573 Category : Biography & Autobiography Languages : en Pages : 192
Book Description
Examines Jackson's role in destroying the Second Bank of the United States and the effect of his actions on the power of the Presidency
Author: Robert E. Wright Publisher: University of Chicago Press ISBN: 0226910687 Category : Biography & Autobiography Languages : en Pages : 261
Book Description
The authors chronicle how a different group of nine founding fathers forged the wealth and institutions necessary to transform the American colonies from a diffuse alliance of contending business interests into one cohesive economic superpower.
Author: Stephen W. Campbell Publisher: University Press of Kansas ISBN: 0700634185 Category : Political Science Languages : en Pages : 232
Book Description
President Andrew Jackson’s conflict with the Second Bank of the United States was one of the most consequential political struggles in the early nineteenth century. A fight over the bank’s reauthorization, the Bank War provoked fundamental disagreements over the role of money in politics, competing constitutional interpretations, equal opportunity in the face of a state-sanctioned monopoly, and the importance of financial regulation—all of which cemented emerging differences between Jacksonian Democrats and Whigs. As Stephen W. Campbell argues here, both sides in the Bank War engaged interregional communications networks funded by public and private money. The first reappraisal of this political turning point in US history in almost fifty years, The Bank War and the Partisan Press advances a new interpretation by focusing on the funding and dissemination of the party press. Drawing on insights from the fields of political history, the history of journalism, and financial history, The Bank War and the Partisan Press brings to light a revolving cast of newspaper editors, financiers, and postal workers who appropriated the financial resources of preexisting political institutions and even created new ones to enrich themselves and further their careers. The bank propagated favorable media and tracked public opinion through its system of branch offices, while the Jacksonians did the same by harnessing the patronage networks of the Post Office. Campbell’s work contextualizes the Bank War within larger political and economic developments at the national and international levels. Its focus on the newspaper business documents the transition from a seemingly simple question of renewing the bank’s charter to a multisided, nationwide sensation that sorted the US public into ideologically polarized political parties. In doing so, The Bank War and the Partisan Press shows how the conflict played out on the ground level in various states—in riots, duels, raucous public meetings, politically orchestrated bank runs, arson, and assassination attempts. The resulting narrative moves beyond the traditional boxing match between Jackson and bank president Nicholas Biddle, balancing political institutions with individual actors, and business practices with party attitudes.
Author: Meriwether Lewis Publisher: ISBN: 9783337191443 Category : Languages : en Pages : 404
Book Description
History of the Expedition - Under the command of Captains Lewis and Clark, to the sources of Missouri, thence across the Rocky Mountains, and down the river Columbia to the Pacific Ocean. Vol. 2 is an unchanged, high-quality reprint of the original edition of 1868. Hansebooks is editor of the literature on different topic areas such as research and science, travel and expeditions, cooking and nutrition, medicine, and other genres. As a publisher we focus on the preservation of historical literature. Many works of historical writers and scientists are available today as antiques only. Hansebooks newly publishes these books and contributes to the preservation of literature which has become rare and historical knowledge for the future.
Author: H. W. Brands Publisher: W. W. Norton & Company ISBN: 0393340503 Category : History Languages : en Pages : 241
Book Description
An "insightful" (Publishers Weekly) history of the development of American capitalism and the men who made it great. Most Americans are familiar with the political history of the United States, but there is another history woven all through it, a largely forgotten history—the story of the money men. Acclaimed historian H. W. Brands brings them back to life: J. P. Morgan, who stabilized a foundering U.S. Treasury in 1907; Alexander Hamilton, who founded the first national bank, and Nicholas Biddle, under whose directorship it failed; Jay Cooke, who helped to finance the Union war effort through his then-innovative strategy of selling bonds to ordinary Americans; and Jay Gould, who tried to corner the market on gold in 1869 and as a result brought about Black Friday and fled for his life.
Author: William J. Federer Publisher: Amerisearch, Inc. ISBN: 9780965355780 Category : History Languages : en Pages : 420
Book Description
This is an interesting and inspiring collection of history vignettes, one for each day of the year. Well-known national holidays and achievements are recalled in detail as well as facts of courage, sacrifice, and captivating American trivia.
Author: Paul Kahan
Author: Paul Kahan
Author: Nicholas Biddle
Author: R. A. McNeal
Author: Robert Vincent Remini
Author: Robert E. Wright
Author: Stephen W. Campbell
Author: Nicholas Biddle
Author: Meriwether Lewis
Author: H. W. Brands
Author: William J. Federer