Second Bank of the United States

E10294

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.

AI illustration

How this image was made

AI-generated illustration of Second Bank of the United States

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of the Second Bank of the United States (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.)

All labels observed (4)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf defunct bank ⓘ
federally chartered corporation ⓘ
national bank ⓘ
architectOfHeadquarters William Strickland ⓘ
architecturalStyleOfHeadquarters 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 ⓘ
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, Pennsylvania ⓘ
linked to: Philadelphia
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 Bank War ⓘ
Panic of 1819 ⓘ
servedAs depository of federal funds ⓘ
stateCharterGrantedBy Commonwealth of Pennsylvania ⓘ
linked to: 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 ⓘ

How these facts were elicited

Referenced by (44)

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 → Bank War ⓘ
linked to: Second Bank of the United States
Second Bank of the United States → roleIn → Bank War ⓘ
linked to: Second Bank of the United States
Alexander Hamilton's Second Report on the Public Credit → proposed → Bank of the United States ⓘ
linked to: Second 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 → Bank War against the Second Bank of the United States ⓘ
linked to: 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 → Bank of the United States ⓘ
linked to: Second 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 → Bank War ⓘ
linked to: Second Bank of the United States
United States presidential election of 1832 → mainIssue → Second Bank of the United States ⓘ
United States presidential election of 1832 → mainIssue → Bank War ⓘ
linked to: Second Bank of the United States
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 → Bank War ⓘ
linked to: Second Bank of the United States
William Strickland → notableWork → Second Bank of the United States ⓘ
William Strickland → employer → Bank of the United States ⓘ
linked to: Second Bank of the United States
William Strickland → designed → Second Bank of the United States ⓘ
Specie Circular of 1836 → policyContext → Bank War ⓘ
linked to: Second Bank of the United States
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 → Bank War ⓘ
linked to: Second Bank of the United States
23rd United States Congress → hasMajorPoliticalIssue → Second Bank of the United States ⓘ
Independence Mall → hasNearbyLandmark → Second Bank of the United States ⓘ
Thirty Years' View → coversEvent → Bank War ⓘ
linked to: Second Bank of the United States
Jacksonian Party → opposed → Second Bank of the United States ⓘ
Stephen Girard → associatedWith → Second Bank of the United States ⓘ
Charleston City Hall → originalOccupant → Bank of the United States ⓘ
linked to: Second Bank of the United States