JACKSON
AND THE BANK
ANDREW JACKSON. Document Signed as President,
no place, 11 February 1833. 2 pages, 10" x 8".
A financial document, tying Andrew Jackson to his nemesis, the
Bank of the United States. Just seven months before this, the
President had vetoed a bill to re-charter the Bank. Later in 1833, he
would continue his celebrated war on the Bank, whose original charter
did not expire until 1836, by withdrawing all U. S. government funds
from the institution.
Yet, despite his political objections to the Bank, Jackson continued
to have dealings with it as an individual. On one side of this sheet
is a letter to the President from a cashier of the Bank of Pennsylvania,
dated 27 December 1832, advising him that William Shinn has deposited
$1500 to Jackson's account in that bank. On the other side of the page,
Jackson directs that the sum be paid over to a cashier of the Bank of
the U. S.: "Pay to the order of Richard Smith cashier of the
Branch bank of the United States at Washington City." The
amount of $1500 is noted at the lower left, and the President has signed
with a large, dark "Andrew Jackson" signature.
Beneath Jackson's pay order are notations by bank officials, one signed
by Richard Smith directing that the money be paid to John Andrews, first
assistant clerk[?], and then Andrews has signed, probably to indicate
his receipt of the money.
The document has minor soiling along two folds and expert repairs to
a few fold breaks. It is in very good condition overall, and has excellent
association. $3000.00
Please
note that this image shows only part of the document - the pay order
signed by Jackson.
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