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4. The Bank War
About this Lecture
In this module, we explore Jackson’s involvement in the Bank War of 1832-6. Jackson’s hatred of banks led to his deep opposition to the National Bank. The re-chartering of the National Bank in 1832 opened up divisions between pro-bank politicians, like Henry Clay, and the Jacksonians. In the end Jackson was able to veto re-chartering and restrict the creation of any new national bank, but at great cost to the economy.
In this course, Professor Sean Adams (University of Florida) examines the presidency of Andrew Jackson and how it relates to federal power in the United States. With this in mind, the course seeks to explain the causes and effects of the continuing policy debates about the role of the federal government from 1800 to 1848. We start by looking at Andrew Jackson and the rise of the Democratic Party - the first modern political party in the United States. We then turn to look at the Nullification Crisis and Jackson’s response. After this, we examine Native American removal and how Jackson used it to restrict citizenship. We then turn to Jackson’s involvement in the Bank War of 1832-6. In the final two modules we look at the arrival of the Whig Party and the issue of slavery.
Professor Sean Adams is the Hyatt and Cici Brown Professor of History at the University of Florida. He specialises in the history of American capitalism, as well as the history of energy. He is the author of a number of books on 19th century US History including - Home Fires: How Americans Kept Warm in the 19th Century (Johns Hopkins, 2014); Old Dominion, Industrial Commonwealth: Coal, Politics, and Economy in Antebellum America (2004); The American Coal Industry, 1789-1902 (2013); A Companion to the Era of Andrew Jackson (2013); and The Early American Republic: A Documentary History (2009).
Cite this Lecture
Adams, S. (2021, October 26). US History – Jackson and Federal Power, 1824-52 - The Bank War [Video]. MASSOLIT. https://www.massolit.io/courses/jackson-and-federal-power/the-bank-war
Adams, S. "US History – Jackson and Federal Power, 1824-52 – The Bank War." MASSOLIT, uploaded by MASSOLIT, 26 Oct 2021, https://www.massolit.io/courses/jackson-and-federal-power/the-bank-war