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Nicholas Biddle

With his usual furious vigor, Andrew Jackson posed a question that continues to trouble us to this day.

The alarm bells are ringing for Social Security again. That’s not exactly news; predictions of the exhaustion of its trust fund have been made before.

In its majesty and in its simplicity, the Greek Revival house seemed to echo America’s belief in the past and hopes for the future.

"The two great truths in the world are the Bible and Grecian architecture.” This is what Nicholas Biddle believed and what he published in his magazine, Portfolio, in 1814.

The third in a series on TIMES OF TRIAL IN AMERICAN STATECRAFT 

Old Hickory's attack on Biddle's bank had some unexpected consequences

Editor's Note: Bray Hammond wrote this essay for American Heritage in 1956 and developed it into Banks and Politics in America from the Revolution to the Civil War, for which he won the Pulitzer Prize for history in 1958.

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