Opposition to the National Bank Main article: Second Bank of the United States Democratic cartoon shows Jackson fighting the monster Bank. "The Bank," Jackson told Martin Van Buren, "is trying to kill me, but I will kill it!"The Second Bank of the United States was authorized for a twenty year period during James Madison's tenure in 1816. As President, Jackson worked to rescind the bank's federal charter. In Jackson's veto message (written by George Bancroft), the bank needed to be abolished because: It concentrated the nation's financial strength in a single institution. It exposed the government to control by foreign...