History Essays on Bank War, War of 1812, and Missouri Compromise

Running head: HISTORY 1
History 1
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HISTORY 1
Part 1 Essay: Bank War
The “first bank of the United States” was chartered in the year of 1791 and the Second
Bank was chartered for the next 20 years in 1816. At that time there was only one single bank,
which was officially responsible for all the monetary transactions of the country (Jaremski).
President Andrew Jackson was totally against the idea of this, according to him it was not
justified that the economic power of the country was concentrated in the hands of a particular
monetary institution. The President of “Bank of the United States” whose name was Nicholas
Biddle, went to take help from the Republicans , and according to the advice provided by Henry
clay and Daniel Webster. Jackson issued a message saying “The bank is trying to kill me, but I
will kill it” and the topic of the bank charter became the main issue in the Presidential election.
Jackson also knew that the Bank of United States. Jackson forbade to keep government funds in
the bank and instead the new revenues were kept in the state pet banks. Finally, the United States
Bank went out of business in the year 1837 (Murphy). This incident is the most important one,
which happened during the Jackson-Era because it ended the rule of a single bank and stopped it
from becoming the biggest economic power and it also introduced the concept of other financial
institutions as well and paved way to the modern banking infrastructure.
Part 2 Essay
Q5 - What were the causes and consequences of the War of 1812? How did the war affect
American Indians, the Federalist Party, and the relationship between the United States and Great
Britain?
The “War of 1812” occurred between the Great Britain and the United States. The War
was declared on Great Britain by the United States and the causes are explained in the following

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HISTORY 1
lines. The Britain had promised America that they will surrender the western forts as per the
treaty of Paris after the “Revolutionary War”, but they violated the treaty and did not surrender
the forts as promised (Lambert). The British practiced “impressments” on the American people,
They captured the American vessels and forcefully recruited the American citizens in the British
navy. The Great Britain imposed a lot of restrictions on the trade routes of the United States and
thus hampering their trade. The British also provided the Native American with arms, which they
used while attacking the Americans from the western frontier. The British had hold over a lot of
northern America and the Americans wanted them to go away.
There were several consequences of the “War of 1812” as well. The United States was
able to defeat one of the greatest military powers of the world at that time; this improved the
image of America to a great extent in and filled the heart of the American citizens with a certain
feeling of patriotism (Tyrrell). The power and influence of the Federalist Party declined, it was
one of the most influential parties in Britain before the war but after the end of the war, the
power of the party declined rapidly. According to many historians, the war paved way to the
formation of the Canadian Confederation.
The “War of 1812” had several impacts on the fate of the Native Americans, the
Federalist Party and the relationship between United States and the Great Britain. The Native
Americans were armed by Britain in the fight against the Americans. The death of the great
leader of the Native Americans Tecumseh made the America expansion of the Northern
territories easier. At the end of the war, the Americans were able to drive away most of the
Native Americans into Spain and some others further into the borders of the territory and the
power of the natives was also reduced as Britain said that they will not provide them with arms
(Jenkins). The popularity of the Federalist Party also suffered a huge blow with the end of the