Andrew Jackson was fighting against a national bank, a bank first that was first introduced was called the Bank of The United States in 1791 by Alexander Hamilton and another bank by James Madison in 1816 to alleviate the economic problems caused by the War of 1812. Both Banks were instrumental in the growth of the U.S. economy, but Jackson opposed the concept on ideological grounds. In Jackson's opinion, the Bank needed to be abolished because it was unconstitutional, it concentrated an excessive amount of the nation's financial strength, it exposed the government to control by foreign interests, it exercised too much control over members of  U.S. Congress, and it favored northeastern states over southern and western states. Andrew Jackson hated the national bank's president Nicholas Biddle for having to much power. After struggling Jackson finally succeeced by vetoing its recharter in 1812 by congress. The crisis was resolved in 1833 with a compromise settlement which, by substantially lowering the tariffs, hinted that the central government considered itself weak in dealing with determined opposition by an individual state.