1. APUSH Review: The Bank War Everything You Need to Know About The Bank War To Succeed In APUSH

2. Review of the BUS(es) 1 st BUS: ▫Part of Alexander Hamilton’s financial Plan 2 nd BUS: ▫Charted from 1816 – 1836 ▫Constitutionality was upheld in McCulloch v. Maryland (1819) Purpose of the BUSes ▫Provided a storage place for government funds ▫Could help improve the economy

3. The Election of 1832 President Jackson’s Veto Message was written on July 10, 1832 In November, 1832, the election was between Jackson (Democrat) and Clay (National Republican) ▫The BUS veto was essentially a referendum Jackson destroys Clay in the election (219 – 49)  However, the 2 nd BUS is still around for four more years (expires in 1836) “I have now done my duty to my country. If sustained by my fellow citizens, I shall be grateful and happy; if not, I shall find in the motives which impel me ample grounds for contentment and peace.”

4. The Removal of Deposits After the election of 1832, Jackson sought to limit the power of the BUS for the next 4 years Jackson removed government funds from the BUS and placed them in……. “Pet Banks” ▫State banks that held the government’s $ Without Government $, the BUS called in loans Government required specie circular for land sold in West

5. Thanks for watching! Subscribe to my channel Help spread the word Questions? Comments? Ideas for videos? ▫Leave in comments Subscribe Down here! I killed the Bank and was rewarded later by being put on the $20 bill.