Election of 1824

Election of 1824

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  • I don't support them because I feel that the bank is a monopoly that favors wealthy Easterners and limits Western Growth.
  • Why don't you support the banks?
  • We'll use the bank against him by applying for a charter (a government permit to run a bank)! 
  • How are we going to get rid of Jackson in the upcoming election?
  • It'll force him to take action against the bank which will anger the people!
  • That's genius! Now we just need to get Biddle to apply for that permit!
  • What did the Panic of 1837 lead to?
  • It led to an independent federal treasury in 1840.
  • This meant that the government no longer had to deposit money in public banks. This also prevented state and private banks from using government government money to back their banknotes.
  • Really?
  • Unlike Biddle, I'm proud I came from nothing! All his life he has gotten what he wanted and has been wealthy. And, he supports the bank.
  • What do you dislike about Biddle?
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