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Nevertheless the bank’s president desired to early renew the charter. He made the demand in January 1832 — nine months ahead of the next presidential election.

Jackson’s opponent, Senator Henry Clay of Kentucky, ended up being certain that the dilemma of the financial institution could win him some votes. Clay argued their situation on the ground regarding the Senate for three times. He highly urged the Senate to restore the financial institution’s charter. He stated the nation was at the midst […]