1. WAR ON THE NATIONAL BANK
READ PG

2. Jackson vs. National Bank
The National Bank was created by Alexander Hamilton in 1796 with the purpose of:
Organizing the federal government’s money
Allowing the Federalists to control who received loans from the government
Challenges to the National Bank were dismissed by the Supreme Court, who gave validity to it in McCulloch v. Maryland (1819)

3. Jackson vs. National Bank
Andrew Jackson hated the bank for the following reasons
Thought the bank was too powerful
It gave advantages to people who were already rich instead of the poor
Believed only states should be able to charter banks within their borders – not the federal government

4. Jackson vs. National Bank
Jackson decides to “destroy the monster”
1832 – He vetoed the charter extension of the National Bank
1836 – The charter officially expired
1841 – The National Bank went bankrupt
Many felt that Jackson overstepped his bounds in dealing with the National Bank, as he ignored the Supreme Court’s ruling

5. Jackson vs. National Bank

6. STOP
On a the sheet of paper create a political cartoon of Andrew Jackson and his beliefs of the National Bank
On the blank backside you will choose another part of Jackson’s presidency and create a political cartoon for it.