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Jackson distrusted banks and thought they had too much power he also thought they favored the rich.
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Jackson was censored because he put federal funds in state banks.
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Jackson takes money out of banks and puts it in state banks which came to be known as his "pet banks". He did this to destroy the banks.
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Because Jackson was taking money out of the bank it closed.
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Pet Banks gave out too much paper money and caused inflation. So Jackson would only allow gold and silver to buy land
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Biddle said Jackson must pay the penalty for fighting the banks so he demanded that old loans be repaid and no new loans could be given.
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He was Jacksons vice president, won the election because Jackson had been so popular.
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Started a depression. In states like ohio, many lost all their savings from the banks closing. Some people in ohio even tried to print their own money.
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Banks will only accept Specie as payment.
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Whigs opposed the concentration of power in the presidencey the whigs choos William Henrey Harrison to rum for president because he didn't have strong political views.