Second Bank of the United States

E10294

defunct bank federally chartered corporation national bank

The Second Bank of the United States was a federally chartered national bank (1816–1836) that became a central focus of early American financial policy and political conflict, particularly during Andrew Jackson’s presidency.

Try in SPARQL Jump to: Surface forms Statements Referenced by

All labels observed (4)

Label	Occurrences
Second Bank of the United States canonical	29
Bank War	7
Bank of the United States	3
Bank War against the Second Bank of the United States	1

Statements (49)

Predicate	Object
instanceOf	defunct bank ⓘ federally chartered corporation ⓘ national bank ⓘ
architectOfHeadquarters	William Strickland ⓘ
architecturalStyleOfHeadquarters	Greek Revival architecture ⓘ surface form: Greek Revival
authorizedCapital	35 million dollars ⓘ
charterDuration	20 years ⓘ
charterGrantedBy	United States Congress ⓘ
charterSignedBy	James Madison ⓘ
charterYear	1816 ⓘ
controversyOver	concentration of financial power ⓘ constitutionality of a national bank ⓘ relationship between federal government and banking system ⓘ
country	United States of America ⓘ surface form: United States
disestablished	1836 ⓘ
established	1816 ⓘ
federalDepositsReallocatedTo	state “pet banks” ⓘ
finalFailure	1841 ⓘ
fundsWithdrawnBy	Andrew Jackson ⓘ
governmentOwnershipShare	20 percent ⓘ
headquartersBuilding	Second Bank of the United States building ⓘ
influenced	development of early U.S. central banking ⓘ later debates over the Federal Reserve System ⓘ
issued	banknotes redeemable in specie ⓘ
laterInstanceOf	state-chartered bank ⓘ
listedOn	National Register of Historic Places (headquarters building) ⓘ
locatedIn	Philadelphia ⓘ surface form: Philadelphia, Pennsylvania
managedFederalDebt	yes ⓘ
opposedBy	Andrew Jackson ⓘ
politicalIssueIn	United States presidential election of 1832 ⓘ
predecessor	First Bank of the United States ⓘ
president	Nicholas Biddle ⓘ
presidentTermEnd	1836 ⓘ
presidentTermStart	1823 ⓘ
primaryFunction	act as fiscal agent of the U.S. government ⓘ regulate credit and state banks ⓘ stabilize the national currency ⓘ
privateOwnershipShare	80 percent ⓘ
roleIn	Second Bank of the United States self-linksurface differs ⓘ surface form: Bank War Panic of 1819 ⓘ
servedAs	depository of federal funds ⓘ
stateCharterGrantedBy	Pennsylvania ⓘ surface form: Commonwealth of Pennsylvania
stateCharterYear	1836 ⓘ
subjectOf	Andrew Jackson’s 1832 veto message ⓘ
successor	Independent Treasury System ⓘ
supportedBy	Henry Clay ⓘ Nicholas Biddle ⓘ
vetoedAct	Bank recharter bill of 1832 ⓘ
vetoedBy	Andrew Jackson ⓘ

Referenced by (40)

Full triples — surface form annotated when it differs from this entity's canonical label.

Independence National Historical Park → hasSite → Second Bank of the United States ⓘ

McCulloch v. Maryland → federalEntityInvolved → Second Bank of the United States ⓘ

First Bank of the United States → succeededBy → Second Bank of the United States ⓘ

City Tavern site → nearbyLandmark → Second Bank of the United States ⓘ

New Hall Military Museum → locatedNear → Second Bank of the United States ⓘ

Jacksonian era → hasPart → Second Bank of the United States ⓘ

this entity surface form: Bank War

Second Bank of the United States → roleIn → Second Bank of the United States self-linksurface differs ⓘ

this entity surface form: Bank War

Alexander Hamilton's Second Report on the Public Credit → proposed → Second Bank of the United States ⓘ

this entity surface form: Bank of the United States

Old City historic district → contains → Second Bank of the United States ⓘ

Signers' Garden → near → Second Bank of the United States ⓘ

Andrew Jackson → notableWork → Second Bank of the United States ⓘ

this entity surface form: Bank War against the Second Bank of the United States

James McCulloch → employer → Second Bank of the United States ⓘ

James McCulloch → associatedWith → Second Bank of the United States ⓘ

Nathaniel Macon → opposed → Second Bank of the United States ⓘ

this entity surface form: Bank of the United States

Era of Good Feelings → associatedWithPolicy → Second Bank of the United States ⓘ

Old City, Philadelphia → contains → Second Bank of the United States ⓘ

Independent Treasury System → relatedTo → Second Bank of the United States ⓘ

Panic of 1819 → participant → Second Bank of the United States ⓘ

Panic of 1819 → relatedTo → Second Bank of the United States ⓘ

Nicholas Biddle → employer → Second Bank of the United States ⓘ

Nicholas Biddle → conflict → Second Bank of the United States ⓘ

this entity surface form: Bank War

United States presidential election of 1832 → mainIssue → Second Bank of the United States ⓘ

this entity surface form: Bank War

American System (economic plan) → relatedEvent → Second Bank of the United States ⓘ

Bank Act of 1791 → relatedTo → Second Bank of the United States ⓘ

Andrew Jackson presidency → majorEvent → Second Bank of the United States ⓘ

this entity surface form: Bank War

William Strickland → notableWork → Second Bank of the United States ⓘ

William Strickland → employer → Second Bank of the United States ⓘ

this entity surface form: Bank of the United States

William Strickland → designed → Second Bank of the United States ⓘ

Specie Circular of 1836 → policyContext → Second Bank of the United States ⓘ

this entity surface form: Bank War

Baltimore branch of the Second Bank of the United States → partOf → Second Bank of the United States ⓘ

Baltimore branch of the Second Bank of the United States → ownedBy → Second Bank of the United States ⓘ

Center City historic area → contains → Second Bank of the United States ⓘ

Independent Treasury Act of 1846 → relatedTo → Second Bank of the United States ⓘ

Independent Treasury Act of 1840 → relatedTo → Second Bank of the United States ⓘ

Bonus Bill of 1817 → fundingSourceProposed → Second Bank of the United States ⓘ

Bonus Bill of 1817 → relatedInstitution → Second Bank of the United States ⓘ

Second Party System → associatedWithEvent → Second Bank of the United States ⓘ

this entity surface form: Bank War

23rd United States Congress → hasMajorPoliticalIssue → Second Bank of the United States ⓘ

Independence Mall → hasNearbyLandmark → Second Bank of the United States ⓘ