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mar 1, 1816 - Second National Bank (1816-1836)

Description:

Description: The Second National Bank was chartered for many of the same reasons as the first National Bank: in order to get rid of national debt and produce economic stability.
Causes: The War of 1812 left a lot of debt.
Impact: The Second National Bank was eventually vetoed by Andrew Jackson, being cited as a way for the rich to get richer and the poor to get poorer.

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Political Timeline

ByKapil Rampalli
30 Nov 2018
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413

Date:

mar 1, 1816
Now
~ 210 years ago

Images:

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