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Updated: May 16, 2025
The charter of the United States Bank was about to expire, and its friends sought a renewal. Jackson believed the Bank an enemy of the Republic, as its officers were anti-Jacksonians, and he promptly vetoed the bill extending the charter. The second issue was the tariff. Protection was not new; but Clay adroitly renamed it, calling it "the American system."
But the Senate contained not only the three ablest anti-Jacksonians of the day Clay, Webster, Calhoun but an absolute majority of anti-Administration men; and there the attack was launched.
This mixing of oil and water is only the temporary shake-up of Nullification. Wait till Jackson gets at the Bank again, and then the scalping-knives will glisten once more." The South Carolina controversy had indeed brought Jacksonians and anti-Jacksonians together. But once the tension was relaxed, there began the conflict of interests which the New Hampshire editor had predicted.
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