President Jackson was strongly against the Second Bank of the US, because of that he vetoed it.
He vetoed it because he saw the Bank as a bank only for the privileged ones, as the President saw himself as a spokesman for the common people against the elite.
The President saw this as a way to increase his popularity among his voters.
A loss in one stock only means a partial loss in the total investment.
One effect was selling Native Americans property.
The 1920 United States presidential election was the 34th quadrennial presidential election, held on Tuesday, November 2, 1920. In the first election held after the end of World War I and the first election after the ratification of the Nineteenth Amendment, Republican Senator Warren G. Harding of Ohio defeated Democratic Governor James M. Cox of Ohio.
