Andrew Jackson Veto The Maysville Road Bill
Andrew Jackson was a contradictory president who had many constitutional and unconstitutional arguments when it came to using his executive power, such as when he vetoed the Maysville Road Bill and the Second National Bank, which was either based on his own personal bias, or how beneficial it would be to the United States. Therefore justifying whether he was vetoing a bill based on actually analyzing the institutions and effects of their removal or result of arbitrary decisions with little analysis is based on ones perspective. The vetoing of the Second National Bank and the Maysville Road Bill is great example of how he used his vetoing powers and in what regard.
The vetoing of the Maysville Road Bill is controversial. There are controversies
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These faults included overextended credit and improperly regulating money among the states. Furthermore, the hesitation of the First National Bank accompanied the Second National Bank. This hesitation was from the states, and their concern with how the National Bank would interfere with the states way of regulating money. The states argued using the 10th amendment that they have the right to regulate their own banks, since it is not stated in the Constitution that the United States had the power to regulate the banks within a state. Therefore Jackson questioned the validity of the bank and whether the bank was constitutional. Jackson as well contemplated whether the bank benefited the “common people.” He argued that the wealthy and elite economically benefited more from the national bank than compared to the rest of the public or “common people.” After Jackson saw all perspectives of the national bank he chose to deny the bill to recharter the second national bank. So Andrew Jackson used his highest executive power to overrule the supreme court and the Congress on their decision to pass the bill of rechartering the bank. This veto is a demonstration of how he analyzed the effects and the removal of the bank, and how he made a decision based on the welfare of the Unites States rather than vetoing based on his own personal
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190 Words | 1 PagesAs the result, Andrew Jackson vetoed the Recharter Bill. He believed the bank held too much power, both politically and economically. Jackson also felt it was unconstitutional. He said that the bank was an exclusive
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415 Words | 2 PagesAndrew Jackson vetoed the bill re-chartering the Second Bank in July 1832 by arguing that in the form presented to him it was incompatible with “justice,” “sound policy” and the Constitution. The bank’s charter was unfair, Jackson argued in his veto message, because it gave the bank considerable, almost monopolistic, market power, specifically in the markets that moved financial resources around the country and into and out of other nations. That market power increased the bank’s profits and thus its stock price, “which operated as a gratuity of many millions [of dollars] to the stockholders,” who, Jackson claimed, were mostly “foreigners” and “our own opulent citizens.” He then suggested that it would be fairer to most Americans to create a wholly government-owned bank instead, or at least to auction the Second Bank of the US’s monopoly privileges to the highest bidder.
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473 Words | 2 PagesAndrew Jackson has used his powers that were given to him in his presidency. Jackson shutdown the second national bank with a veto. Andrew Jackson was elected president in 1824 and again in 1832. People said that Jackson would act like a King and not a presidente. Andrew Jackson was not a champion of democracy because he misused his ability to veto he also, abused the spoil system finally while he was the president's slavery went up.
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