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Who were the chief adversaries in the “Bank War” of 1833?

By Pamela Landy

On one side of the Bank War (1833-36) was President Andrew Jackson, who wanted to abolish the Second Bank of the United States.

On the other side was the Second Bank’s president, Nicholas Biddle.

Jackson vetoed the Second Bank’s early renewal in 1832 and withdrew all federal funds in 1833

In retaliation, Biddle contracted credit and called in loans. After years of public debate, Jackson won the Bank War when its charter was allowed to expire in 1836.

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Filed Under: American History

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