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Jefferson opposed the first Bank of the United States, Andrew Jackson the second, and both for similar reasons:
-- distrust of profiteers controlling the nation's money; and
-- concern about the nation's banking system falling into foreign hands.
At Jefferson's urging, Congress refused renewal of the first 1811 Bank of the United States charter and discovered on liquidation that two-thirds of its owners were foreigners, mostly British and Dutch, none more influential than the Rothschilds. Later, Madison signed a 20-year charter, but after congressional renewal, Jackson vetoed what he called "a hydra-headed monster" entrapping the nation in debt.
Lincoln feared:
"The money powers prey(ing) upon the nation in times of peace and conspir(ing) against it in times of adversity. It is more despotic than a monarch, more insolent than autocracy, and more selfish than a bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at the rear is my greatest foe."
In "Web of Debt," Brown explained that they wanted 24 - 36% interest to fund the North's war on the South. As a result, Lincoln got Congress to pass the 1862 Legal Tender Act empowering the Treasury to issue "Greenbacks," interest free to finance the war and grow the economy prosperously.
In spite of assassination threats before inauguration as well as "treason, insurrection, and national bankruptcy" during his first year in office, he:
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