American November 11th, 2003.
Descendants of the Democratic Republican Party, during the 1820's and 1830's Jacksonian democrats had almost complete control over the federal government and were able to freely express their views. Analogous to the Democratic Republicans that preceded them such as Jefferson and Washington, Jacksonian Democrats were strict constitutionalists, and up holders of equal economic opportunity, individual liberty and political democracy. The Jacksonian democrats completely supported their political views and their view of themselves with nationalization of the Spoils System, universal white suffrage, and the destruction of the 2nd National Bank, during the President Andrew Jackson's administration of the 1820's and 1830's.
A hot topic since the days after the Revolution with Democratic Republicans and Federalist, the National Bank to continued to be a problem for Jacksonian Democrats. To uphold their principle of equal economic opportunity, the Jacksonian Democrats seized upon the prospect of the dissolving of the National Bank during the election of 1832. Jacksonian Democrats also viewed the National Bank as unconstitutional since the Constitution contained no clause that stipulated that a bank controlled by the federal government be formed. Then President Andrew Jackson, refused to recharter the National Bank for a third time. The National Bank under the direction of Nicolas Bridle, was riddled with corruption and allowed only a minority of the population to have investment within the bank. Although the bank sustained the nations economy, then President Andrew Jackson, refused to recharter the National Bank for a third time. The federal capital was taken out of the National Bank and placed into smaller banks known as "pet banks". The demolishing of the National Bank allowed the economic equality that the Jacksonian Democrats had long sought for.