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Consequently, the election went to the House of Representatives. During this time Clay had withdrawn himself from the presidential race and had thrown his support towards Adams. After being elected, President John Quincy Adams appointed Henry Clay as the Secretary of State. This act by Adams and Clay enraged Jackson and his followers and became known as the “corrupt bargain...
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However, he did have one positive effect from his battle with the national bank. After pursuing the bank war to completion Jackson found defeat in victory. During his second term, Jackson decided to remove all federal funds from the national bank. In response to this action Biddle, the head of the national bank, brought about a short-lived but severe depression...
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