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Potvin Potvin
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7 years ago
The efforts of the president of the Second Bank of the United States, Nicholas Biddle, to save the national bank in spite of President Jackson's vetoing of the bank rechartering bill in 1832
A) ultimately became successful when he rallied political support among bank proponents and patrons in Congress by making politically motivated loans and payments and easing up on credit.
B) were fatally undermined when Jackson's treasury secretary, Roger Taney, deposited government income exclusively into state banks, shrinking the federal government's accounts in the national bank to the point at which it eventually was forced to close.
C) were fatally undermined when it was discovered Biddle had personally embezzled $10,000 from the bank.
D) were fatally undermined by Biddle's decision to tighten credit to fight inflation in the country.
Textbook 
By the People: A History of the United States, AP Edition

By the People: A History of the United States, AP Edition


Edition: 1st
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Yoko900Yoko900
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7 years ago
Smiling Face with Open Mouth wow
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