TIL Andrew Jackson, the 7th President of the United States, was deeply opposed to the idea of a federal bank. He vetoed the "Second Bank" and was quoted saying "I will kill it". Now his face is one of the most circulated denomination of the US currency printed by the Federal Bank; the $20 bill.

Which would be next to none?

It was hard getting over how despicable a lot of the early American politics were while taking US History... not that they're perfect now. So much general misunderstanding about what happened because we focus on stupid stuff like "Oh he was the first president from the 'people'". Jackson was one of my least favorite presidents to learn about.

He was a lawyer, slave owner, and a major general in the War of 1812. Glossing over the entire discussion of 1812, he wasn't really a "common man". Van Buren came up with the dickish idea of rewarding supporters with government power, and only threw in with Jackson for the election in '28 because of equally corrupt actions by others. The two-party setup and shit throwing that came out of '28 is largely the sort of shit we deal with now.

Back then primary interests were either farming or manufacturing, with banking finding more relevance with those in the North. Many of the actions that were considered "right" or "wrong" in early America were simply based on different ways of living. States' rights became about how each state could make the most money. If the states had alike ways of making money, of course they'd share common interests. Jackson, and others supporting States' rights, were just as likely to use federal power to push their own agenda. Indian Removal had been an issue for a long time, but Jackson had campaigned on platform of allowing greater control of the natives. Before he was even in office, some Southern states enacted laws that "gave" them the power to do what they saw fit. It was a disgusting display.

I'm not a fan of Clay's system either, but that's a whole other issue. I just don't like when history becomes about who was right, as clearly no one was completely right. Regardless of what he did economically, Jackson mistreated an entire group of people and used power to further his own view rather than being fair and just. He should not be lauded, he should be remembered for what he was. Figures in history can be learned from regardless of whether they're right or wrong; putting them on a pedestal will only recreate the problems their view had.

Not saying that you're putting him on a pedestal or anything, just wanted to get that out there since I've seen it around here in general.

/r/todayilearned Thread Link - en.wikiquote.org