%0 Journal Article
%T The Analysis of Jackson¡¯s Victory over the Second Bank of the United States
%A Weimin Liang
%J Modern Economy
%P 1121-1126
%@ 2152-7261
%D 2018
%I Scientific Research Publishing
%R 10.4236/me.2018.96073
%X This article aims to analyze the reasons for the
Jackson¡¯s bank war over the</span><span style=\"font-family:Verdana;\">&nbsp; </span><span style=\"font-family:Verdana;\">Second Bank
of United States. It shows us a new perspective on the reason, which focuses on
the different growth backgrounds of Jackson and Biddle. The President Jackson
vetoed the bill for the postponement of the Second Bank of United States. And
the different personality of Jackson and the Biddle, the president of the
Second Bank of United States are important reasons for that. What¡¯s more, the
collapse of the Second Bank of United States prevented the financial power from
being too concentrated, which did harm to the state power. The Jackson¡¯s victory
establishes the fundamental of Federal Reserve system, and gives the wall
street spaces to flourish.
%K President Jackson
%K Biddle
%K The Second Bank of United States
%K Growth Experiences
%K States Power
%K Federal Reserve System
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=85484