What country does South Carolina National Bank of Charleston and Andrew Jackson have in common?
Andrew Jackson Andrew Jackson (March 15, 1767 – June 8, 1845) was an American soldier and statesman who served as the seventh President of the United States from 1829 to 1837. Before being elected to the presidency, Jackson gained fame as a general in the United States Army and served in both houses of Congress. As president, Jackson sought to advance the rights of the "common man" against a "corrupt aristocracy" and to preserve the Union.
Maysville Road veto The Maysville Road veto occurred on May 27, 1830, when United States President Andrew Jackson vetoed a bill that would allow the federal government to purchase stock in the Maysville, Washington, Paris, and Lexington Turnpike Road Company, which had been organized to construct a road linking Lexington to Maysville on the Ohio River, the entirety of which would be in the state of Kentucky. Its advocates regarded it as a part of the national Cumberland Road system. Congress passed a bill in 1830 providing federal funds to complete the project. Jackson vetoed the bill on the grounds that federal funding of intrastate projects of this nature was unconstitutional. He declared that such bills violated the principle that the federal government should not be involved in local economic affairs. Jackson also pointed out that funding for these kinds of projects interfered with paying off the national debt.