The Site of the Assay Office On Wall Street An Illustrated Historical Sketch of
The Site of the Assay Office On Wall Street An Illustrated Historical Sketch of
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Jackson, taking advantage of some abuses in the management of the bank called for the repeal of the charter. Its advocates retorted by passing a bill renewing it for twenty years. Verj)lanck, who favored the bank, urged delay, pointing out that the charter would not expire until 1886.
19 Nevertheless the bill was passed, sent to the President in 1832, and received his veto. All ef- forts to override it failed. The Bank War was on.
Another source of bitter contention at this per- iod was the att...itude of South Carolina toward the tariff. Verplanck, as chairman of the Com- mittee of Ways and Means, had brought in a bill for a substantial reduction of duties which had the support of the President and of the Demo- cratic party, except the Calhoun faction, who threatened on the part of South Carolina, open resistance to the Federal Government unless the whole principle of a protective tariff was dis- avowed. They became known as Nullifiers. Whereupon Jackson dispatched General Scott to Charleston to support the collector in the event of obstacles being put in the way of col- lecting the revenue.
What to read after The Site of the Assay Office On Wall Street An Illustrated Historical Sketch of?
You can find similar books in the "Read Also" column, or choose other free books by William E William Edward Verplanck to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Jackson, taking advantage of some abuses in the management of the bank called for the repeal of the charter. Its advocates retorted by passing a bill renewing it for twenty years. Verj)lanck, who favored the bank, urged delay, pointing out that the charter would not expire until 1886.
19 Nevertheless the bill was passed, sent to the President in 1832, and received his veto. All ef- forts to override it failed. The Bank War was on.
Another source of bitter contention at this per- iod was the att...itude of South Carolina toward the tariff. Verplanck, as chairman of the Com- mittee of Ways and Means, had brought in a bill for a substantial reduction of duties which had the support of the President and of the Demo- cratic party, except the Calhoun faction, who threatened on the part of South Carolina, open resistance to the Federal Government unless the whole principle of a protective tariff was dis- avowed. They became known as Nullifiers. Whereupon Jackson dispatched General Scott to Charleston to support the collector in the event of obstacles being put in the way of col- lecting the revenue.
What to read after The Site of the Assay Office On Wall Street An Illustrated Historical Sketch of?
You can find similar books in the "Read Also" column, or choose other free books by William E William Edward Verplanck to read onlineMoreLess
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