Today's History Lesson: Wow from the time of Andy Jackson to the Present Day, Probably Since the Founding of the Nation, A Major Distrust of Banking Interests!
His view of the presidency was that he was in the White House to fight the people’s battles as best he could. Earlier presidents tended to limit their appeals to the broader public (in part because the voting population was much smaller prior to 1828). Jackson was committed to the idea that if the left to their own devices, the elite would serve their own interests at the expense of the interest of the many. In 1824-25, he had been unable to stop the powers that were taking the presidency away from him. He promised himself and the country that nothing like that would happen on his watch, and he saw the Bank as the embodiment of unfair privilege. “I was aware that the Bank question would be disapproved by the sordid and interested who prized self-interest more than the perpetuity of the our Liberty, and the blessings of a free republican government,” he wrote….
“I foresaw that powerful effect, produced by this money aristocracy, upon the purity of elections, and of the legislation; that it was daily gaining strength, and by its secret operations was adding to it.”
… partly because of his distrust of entrenched officeholders, Jackson believed the country was being controlled by a kind of congressional – financial – bureaucratic complex in which the needs and concerns of the unconnected were secondary to those who were on the inside.
From the Book: American Lion – Andrew Jackson in the White House, by Jon Meacham



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