AJ vs T N bank

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  • the first bank had opened and the govt. owned the bank 1/5 of its money the congress also gave the bank a charter to do business for 20 years
  • investors benefited greatly from the bank but Andrew Jackson hated the bank in each of his yearly messages to the congress he criticized the bank he said the bank could influence potential election
  • They seeked a way to try and stop preisdent jackson from using his poweer to stop the banks the investers in control convinced the congress to renew their charter 4 years early
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