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Jackson vetoed the bill calling for the renewal of the Second National Banks charter.
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Presidential election between Andrew Jackson and Henry Clay that was focused around the National Bank
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The name that was given to Jackson's campaign to destroy the Second National Bank.
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Jackson announced that the federal government would no longer use the National Bank and they would no longer deposit any funds there.
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Biddle, the president of the Second National Bank, began to present banknotes and call loans to get redemption to Jackson.
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Congress censured Jackson for what was seen as an "abuse of power" during Jackson's fight against the Bank.
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The Bank charter expired and the federal deposits were not returned. This ended the Bank War.
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Provided a distribution of $30 million to state banks, that was provided by tariff proceeds and public land.
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The result of the Bank War and Jackson refusing to renew the charter of the Second National Bank caused the financial crisis in the U.S. Unemployment rose and profit and wages went down.