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Nicholas Biddle (January 8, 1786 – February 27, 1844) was an American financier who served as the third and last president of the Second Bank of the United States (chartered 1816–1836). Throughout his life Biddle worked as an editor, diplomat, author, and politician who served in both houses of the Pennsylvania state legislature.
14 de mar. de 2024 · Nicholas Biddle (1786—1844) was a banker, author, financial theorist, editor, diplomat, and politician most famous for opposing President Andrew Jackson during the “Bank War.” He served as president of the Second Bank of the United States (BUS) from 1823 to 1839.
Nicholas Biddle was a financier who as president of the Second Bank of the United States (1823–36) made it the first effective central bank in U.S. history. He was Pres. Andrew Jackson’s chief antagonist in a conflict (1832–36) that resulted in termination of the bank.
23 de may. de 2018 · Nicholas Biddle (1786-1844) was president of the Second Bank of the United States from 1823 to 1836. He was an early advocate of the debated principle of central banking, and under his direction the Bank performed most of the functions of present-day central banks.
Nicholas Biddle was born in Philadelphia in 1786, the son of patriotic Pennsylvania politician Charles Biddle and the nephew of a Revolutionary War naval hero also named Nicholas Biddle. A precocious youth, Biddle at age 15 was valedictorian of the graduating class at Princeton.
A renaissance man accomplished in literature as well as finance, Biddle was the country’s first central banker, and he was a master of his craft. Under his firm direction, the Second Bank grew into a powerful instrument of monetary stability, the rock upon which a decade of robust economic growth was built.
Nicholas Biddle was born in Philadelphia in 1786. Entering school at the young age of ten, Biddle graduated from Princeton in 1801. He soon moved to Europe where he served future President James Monroe. Biddle returned to Philadelphia in 1807 where he continued his education.
