1. All of the following were reasons for presidential veto of the re-charter of the Second Bank of the United States in 1832 except: (a) The bank suffered from too much congressional oversight. (b) The bank’s stringent credit policies did not facilitate western expansion. (c) Some of the bank’s powers and privileges were not authorized by the Constitution. (d) Private shareholders benefitted excessively from the bank's monopoly.
1. All of the following were reasons for presidential veto of the re-charter of the Second Bank of the United States in 1832 except: (a) The bank suffered from too much congressional oversight. (b) The bank’s stringent credit policies did not facilitate western expansion. (c) Some of the bank’s powers and privileges were not authorized by the Constitution. (d) Private shareholders benefitted excessively from the bank's monopoly.
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Transcribed Image Text:4. All of the following were reasons for presidential veto of the re-charter of the Second Bank
of the United States in 1832 except:
(a) The bank suffered from too much congressional oversight.
(b) The bank’s stringent credit policies did not facilitate western expansion.
(c) Some of the bank’s powers and privileges were not authorized by the Constitution.
(d) Private shareholders benefitted excessively from the bank's monopoly.
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