Jackson’s Fight With The ‘Money Power’

The third in a series on TIMES OF TRIAL IN AMERICAN STATECRAFT 

Old Hickory's attack on Biddle's bank had some unexpected consequences

Editor's Note: Bray Hammond wrote this essay for American Heritage in 1956 and developed it into Banks and Politics in America from the Revolution to the Civil War, for which he won the Pulitzer Prize for history in 1958.


“Relief, sir!” interrupted the President. “Come not to me, sir! Go to the monster. It is folly, sir, to talk to Andrew Jackson. The government will not bow to the monster. … Andrew Jackson yet lives to put his foot upon the head of the monster and crush him to the dust.”  Read more »