Charlottes Web and Lincoln a Photobiography

Free Essays on Isolation Of Caffeine

Isolation of caffeine Abstract: The objective of this experiment is to isolate caffeine from tea leaves or coffee and then purify using sublimation as well as determine the purity by melting point. It was concluded that 18.7mg of caffeine were found in a single Louisiana Tea sample. The purified caffeine sample was found to have a melting point of 505K compared to the textbook caffeine melting point of 509K. Backround: Sublimination is when a substance in the solid phase passes directly into the vapor phase without going into the liquid phase. This happens because the vapor pressure of a substance generally goes up as temperature increases and the boiling point of a liquid happens when its vapor pressure is equal to the applied pressure. If this vapor can then be re-solidified it will separate compounds with low vapor pressures and high vapor pressures. This re-solidification is usually collected in crystal form on the outside of a glass tube with some sort of very cold liquid inside to attract and solidify the compound with a higher vapor pressure in a vacuumed atmosphere. This method is generally quick however it is not as selective as other methods of purification. Objective and Materials: The objective of this experiment is to isolate caffeine from tea leaves or coffee and then purify using sublimation as well as determine the purity by melting point. Materials used are as follows: sublimination tube, test tubes, tea, coffee, methylene chloride, potassium carbonate, centrifuge tube, vacuum hose, Pasteur pipet, available water, 200mL beaker, hot plate, sand bath, micropipette bulb, all materials were provided by the University of Arizona Chemistry Department. Procedure: The procedure for this experiment is listed on page 43(Organic Chemistry laboratory Manual, Haden/McNeil, 2003-04) Data: All data is in laboratory notebook. Calculations: The following i... Free Essays on Isolation Of Caffeine Free Essays on Isolation Of Caffeine Isolation of caffeine Abstract: The objective of this experiment is to isolate caffeine from tea leaves or coffee and then purify using sublimation as well as determine the purity by melting point. It was concluded that 18.7mg of caffeine were found in a single Louisiana Tea sample. The purified caffeine sample was found to have a melting point of 505K compared to the textbook caffeine melting point of 509K. Backround: Sublimination is when a substance in the solid phase passes directly into the vapor phase without going into the liquid phase. This happens because the vapor pressure of a substance generally goes up as temperature increases and the boiling point of a liquid happens when its vapor pressure is equal to the applied pressure. If this vapor can then be re-solidified it will separate compounds with low vapor pressures and high vapor pressures. This re-solidification is usually collected in crystal form on the outside of a glass tube with some sort of very cold liquid inside to attract and solidify the compound with a higher vapor pressure in a vacuumed atmosphere. This method is generally quick however it is not as selective as other methods of purification. Objective and Materials: The objective of this experiment is to isolate caffeine from tea leaves or coffee and then purify using sublimation as well as determine the purity by melting point. Materials used are as follows: sublimination tube, test tubes, tea, coffee, methylene chloride, potassium carbonate, centrifuge tube, vacuum hose, Pasteur pipet, available water, 200mL beaker, hot plate, sand bath, micropipette bulb, all materials were provided by the University of Arizona Chemistry Department. Procedure: The procedure for this experiment is listed on page 43(Organic Chemistry laboratory Manual, Haden/McNeil, 2003-04) Data: All data is in laboratory notebook. Calculations: The following i...

Case One (Stephen) (Refusal of treatment) Essay

Case One (Stephen) (Refusal of treatment) - Essay Example It will also be important to examine case law in this area to see when the courts have overridden the wishes of an individual and how this has been achieved. Through examining case law and with reference to legislation it should be possible to determine whether a doctor would have the power to override Stephen’s refusal of treatment. As there is no mention of the age of Stephen or whether he has any mental health issues, it will be necessary to consider the impact of the Children Acts and the Mental Health Acts, to determine whether these would assist Stephen in his refusal or whether a doctor would be entitled to force him to have treatment, irrespective of his wishes. The issue of consent has been encompassed into Art 5 and 8 of the Human Rights Acts (1998) (HRA), with the intention of giving respect to the autonomy of the patient. It has been noted by researches that doctors in general see consent as a legal requirement (Kessel, 1994). Human rights supporters have argued th at the protection offered to adults should also apply to mature minors, which appears to have been addressed to a minor degree within the HRA (Hagger, 2003). In order for consent to be recognised as valid the principle of informed consent has developed. Informed consent centres on the giving of sufficient information to a patient with regard to the complications that might ensure following the treatment, so that they can make an informed decision about the treatment. Actions for negligence have been successful in cases where the patient did not give informed consent (Faden and Beauchamp, 1986). An example of this is Sidaway v Bethlem RHG and others [1984]1, in which the patient had not been told of all the potential risks of the operation, and would not have given consent if they had known of these risks. Davis (2005) has argued that there should be a change in the law in relation to such matters, and that patients should be given the option as to how much information they would lik e to know about the procedure. Implied consent has occurred in situations where a patient has willingly allowed the medical professional to administer medication or injections. However, implied consent can be problematic as simple attendance at the surgery or hospital does not mean that the patient is consenting to treatment. Autonomy is important in the decision making process and many legislative changes have been made in order to ensure the autonomy of the patient. Researchers such as Faden and Beauchamp (1986) believe that a patient has to be fully informed of the probable outcomes of the treatment in order to reach an autonomous decision. They were concerned that on some occasions persuasion and coercion might be used by the medical profession or the family of the patient to appeal to the patient’s sense of reason. Internationally the Nuremberg Code 1947 and the World Medical Association Declaration of Helsinki 1964 have been established as a means of increasing patient autonomy. As mentioned earlier the HRA has also enshrined protection of the rights of adults and adolescents into the Articles, thereby increasing autonomous levels (Hewson, 2000). Many of the issues surrounding autonomy have been centred on the rights of the child, as evidenced by the United Nations Convention on the Rights of the Child 1991 where the aim was to give children the same rights as

Gene One Essay Example | Topics and Well Written Essays - 1500 words

Gene One - Essay Example The success that Gene One has had in eight short years has presented a quandary concerning the strategic path Gene One's future. Should Gene One execute of strategy of constancy and continuity Will this type of strategy keep Gene One's competitors from gaining ground on Gene One's share of the market place over the next several years After careful consideration of these perplexing questions, the leadership of Gene One has decided an alternate strategy, as Gene One has not achieved all that they have by continuity alone. Gene One has taken risks that were founded on sound strategy and faith that intelligent men and women with innovative ideas and unsurpassed drive and passion cannot be stopped. These type of people are winners and they accomplish their goals. These factors set the stage for constantly evolving ideas that provided multiple benefits that were accomplished in record time. Seldom has this type of success been achieved in the biotech industry which is considered a risky bu siness in some cases. That said, the Gene One leadership has decided that Gene One must be given an opportunity to experience its maximum growth potential before some piggy back organization with lucrative investors siphon off strategic market areas previously held by Gene One. As with any strategy, there are risks involved. ... As with any strategy, there are risks involved. However, due to Gene One's financial stability, strong leadership and growth potential, these risks are just obstacle that can be turned into positive opportunities. Please note the following: Economic Packages (founders of Gene One, board members and essential personnel) While IPO capital is of extreme importance concerning Gene One's preparations to go public, this topic can not be considered if it does not include job security and economic packages that reward the founders, board members and essential personnel at Gene One for their contributions that have led to the meteoric rise of Gene One over an eight-year timeframe. This is not a difficult problem to solve due to the strategy that will restructure and diversify Gene One while maintaining its technological and competitive edge over the competition. IPO Capital The following is a brief bio of Charles Jones, Gene One's marketing officer: "Two years after Gene Ones's start-up, Don Ruiz, Chief Executive Officer for Gene One, recruited 35-year-old Charles because of his reputation for "smart" risk taking and his biotechnology connections. Don saw him as the perfect person to develop and implement Gene One marketing strategy. Self-confident and moral, Charles easily garners trust for himself and the company." Ruiz, Gene One Company Overview Report Gene One 4 The Gene One leadership feels that while Charles is limited in his abilities to personally design and implement a marketing infrastructure, his overall talents and track record suggests that

Strategy Recommendations for Franchise Opportunities for Mr. Empanada Research Paper

Strategy Recommendations for Franchise Opportunities for Mr. Empanada - Research Paper Example Empanada include reducing operational costs while also drawing new customers (Mr. Empanada). The restaurant may not have the option often enjoyed by larger franchises of lowering the prices of offerings. Another challenge is in handling business in such a way that the restaurant remains productive even during quiet times (Mr. Empanada Franchise Corporation). Often, restaurants make a lot of profit during busy times but face challenges when there are not many customers. The Mr. Empanada also has to find more advanced ways of advertising is products in a way in which it will be able to reach distant customers. Another challenge lies in finding ways to retain current consumers. The Mr. Empanada restaurant creates products that are unique in taste as well as fare. To maintain its reputation as the best producer of Empanadas, the restaurant’s owners have to find ways of entering into agreements with the suppliers who provide them with the best raw materials. Signage To remain relev ant, Mr. Empanada also has to use the latest technology in order to retain customers who are impressed with the quick and efficient service. Good signage is one way of achieving this because it can increase a business’s opportunity for success. For instance, Mr. Empanada can utilize digital menu boards in its operations. Digital menu boards ensure that employees constantly have access to the latest information. This means that they will be able to improve productivity, efficiency, and patron satisfaction. Digital menu boards are easy to customize and can even be utilized as training devices because they can assist prospective workers in learning how to gather pertinent information relating to the restaurants and its assorted operations. Digital menu boards can also assist customers to observe their waiting times. It is a known fact that customers are often less frustrated about waiting for long periods of time when they have distractions. Customers can also learn about the co ntents of their orders through the digital menu boards. These implements will not only reduce the time in which people order, but also reduce the number of irritated clients that the staff has to handle. Location Location is quite important for any restaurant. Good food or even excellent service may not be enough to bring about the success of a restaurant if it is located in a bad neighborhood or area with no traffic. The best location is one that is easily accessible. Mr. Empanada, which is seeking to expand into new regions, should consider accessible sites that also do not require a lot of capital. Another option could be leasing space. In such cases, it is best to use the services of lawyers and consultants who understand the details of the fine print. Brokers should also be consulted on the best sites to situate a restaurant business. The management should also investigate the traffic in the selected area, as well as their dining habits. To attract new customers, Mr. Empanada c an invest in new locations that have potential customers such as working people or college students who often return home or purchase food from supermarkets during lunchtime. Shopping malls Mall culture has grown to be perceived as an avenue for big business, as malls have been transformed into multi-storied sophisticated structures that contain diverse shops. There are some reasons why investing in a branch that is ensconced within a shopping mall could be beneficial for Mr. Empanada. One of the most critical is

Philips: Marketing, Launch and Sales Processes

Philips: Marketing, Launch and Sales Processes One of the most essential parts of managing a successful company is how successfully it manages to launch and market a new product in the market. It depends on the company whether they want marketing to be done individually for every product or in a set for a group of similar line products. The main reason of promoting a new product is to attract new customers to the company and make majority of your target market aware of the companys latest product. Without that there is a very minimum chance of you getting the attention of your focus group. Marketing is important for both, the product and the company that sells it. Branding is very important for the establishment and identity of a new product. Selling a product under a global brand gives your product worldwide recognition, which automatically helps in more sales. If the product is successful, you will have a product that sells for itself! Also, a new and innovative product gives more recognition to a brand and brings more audience. The product which I chose is a 3 in 1 kitchen appliance and the company I chose for the marketing, launch and sales of this product is Philips. Objective In this report, my goal is to find out how compatible is my product with the company I chose to sell it. I have to figure out how much that brand helps in establishing my product, and also that how my product is capable of increasing the brand value and audience of the respective company. For that I have done the company analysis and product analysis and finally the marketing strategy. Company background Philips is a world-wide renowned company for the simplicity and innovation they put in their products. The company has a rich profile, and some of its important aspects are briefly explained below. Philips marketing strategy Philips as a company believes in Improving peoples lives through meaningful innovations. Philips promotes themselves as a consumer-led company, thus all the RD (research development) processes are based on creating products that are aligned with the current needs and demands of the consumers. Philips distributes their products not only through physical stores but also through modern medium, like e-marketing, via their website. The company website provides detailed product information and prices, along with the latest promotional offers available. The website also helps in informing availability of their products in different countries world-wide. Products Philips has a wide product variety available for all types of customers in the market. Philips products are basically divided into the following categories- Mother and child care products: Feeding bottles, tethers and skin care products. Personal care: Shavers, hair styling products, hair removers, etc. Lighting: Apart from fixtures and mood lighting they also provide car lights. Recently they have started using LED lights. Audio and video products: Television, stereo, etc. Home appliances- Kitchen appliances, vacuum cleaner, ironing machine, etc. Phones desktops. Accessories: USB, remote control, electronic toothbrush, etc. Pricing strategy Philips uses Price differentiation strategy for setting price of their products. the price of Philips products are different in different countries, due to the use of different currencies and variation in the government regulations in different parts of the world. It is visible on Philips website also that there is a difference in the prices of the same product in different countries. Philips also uses the price differentiation strategy for a product in the same country. They will have different price for the same product, depending upon the version and quality of the product. Philips stores The main headquarters of Philips is located in Amsterdam, Netherlands. Philips being a world renowned company, has its stores in more than 100 countries of the world (Australia New Zealand, Brazil, Canada, Mainland china, France, Greece, Hong Kong, India, Italy, Israel, Mexico, Pakistan, Poland, US, etc.), divided into 5 regions- North America, Latin America, Middle-East Africa, Europe and Asia-pacific. They have special promotional activities like contests, discounts, coupons, etc. during all festive seasons, to boost their sales. Philips also manages their sales through E-commerce. Promotional schemes Philips promotes its brand and products through a lot of mediums. They use billboards, print media, electronic media and internet for advertising their product. Being such a big company Philips always has to maintain their unique and new PR strategies and campaigns. Some of the best examples of Philips campaigns are- The product launch of kitchen appliance Air fryer was very successful, as they promoted it as a product which helps in a healthy and convenient way of cooking. Another promotional campaign was for Aurea T.V., where they hired a model for the promotion, as their promotional theme for the T.V. was seduction by light. Type of audience Philips deals with a wide range of target market, differing in age, culture, sex, status, etc., but most of the customers are loyal because they are satisfied with the brand promise that Philips fulfil. Philips products are not for conservative or sceptic audience. Philips audience are the people who believe in the brand, but are also willing to try the new innovative products that Philips comes up with. Philips products can be used at any time of the family life- cycle. Thus people around the world buy 1 million Philips consumer products every day. Brand identity Philips is a very strong brand name. It has positioned itself as a high quality and innovative brand. Their tag line is sense and simplicity, and that is exactly what they deliver through their products. One of the very important features of Philips is that they make useful, healthy, eco-friendly and innovative products. Their mission is to make cities liable by providing healthcare products, managing essential resources (like lighting) and supporting independent living. Philips increased its brand value by 8% to USD 8.3 billion in 2008. It was ranked 43rd most valuable brand in the inter-brand 2008 ranking of best global brands. Competitors Now-a-days due to increasing industrialization there is immense competition in every industry. There are a lot of companies making same products and trying to sell it in the market. It is the same with Philips. Philips has some direct competitors like Samsung, L.G., Sony and Panasonic who all make a wide variety of products. Apart from that it has some indirect competitors for various products, like- PG and Braun for Male dry shaving appliances Oral B for Power toothbrush KENWOOD for Food Preparation KRUPS for Drip filter coffee Companys SWOT Strengths: Wide variety of consumer lifestyle products and home appliances. Strong research and development processes. Simplicity and innovation as the theme of every product Large number of loyal customers Present in many countries around the world. Reputed and renowned brand name. Large base of copyright patents. Weakness: Late in development of new products. Distribution channel is not extensive. Price is comparatively higher than the competitors. Opportunities: The ever changing needs and preferences of the market. Increasing awareness of environmental friendly products. Technological advancements. Changing government regulations. Threats: Increasing competition. Dealing in different currencies of the world. Economic recession in future leading to less product consumption. Adapting to the fast changing business environment. Product analysis- Product- The product is basically a 3 in 1 kitchen appliance. It consists of a coffee maker, toaster and a skillet. An additional accessory (spatula) is available with the product. The specifications of the product are as follows:untitled.46.jpg Materials: ABS plastic, non-stick metal skillet, rubber stands. Temperature control knob for toaster Color schemes: Pink white, yellow white, Blue black and Orange white. Dimension: PeopleKomal appliance 1.jpg The product is precisely targeted for audience who are always busy in their work life, and has no time in the hectic mornings to prepare a proper breakfast. The target market is bachelors who may be studying or working; or newlyweds. People who are innovators will definitely try this one. Acoording to the price, middle class and lower upper class will buy the product. Price This appliance is definitely cheaper than the price of a coffee maker, a toaster and a pan separately. Komal appliance 3.jpg Place As this a product for working generation, the placement should be done in metropolitan cities. This product has no boundaries of religion or community so it can be presented in any country which is developed or developing. A high end mall is very good place for this product, as every one visits malls on weekends. Promotion The key point for promotion will be its compact design and easy usage. This product is 3 in 1, thus it can do 3 tasks in the time of 1 and save time, which is the highlight of the product. The product will be marketed as The appliance of youth.br4dvb 5.jpg It can be launched in a set of color schemes and graphics. So any gender or culture audience can buy it. It can be promoted through commercials, print media and billboards. Side 1.jpg Komal appliance 2.jpg SWOT of the product Strength New and innovative concept Saves time and money due to its 3 in 1 applaince concept, which can attract the target market. Available in different colors and design, so audience has a freedom of choice. Simple interface and easy usability. Weakness Not fully developed and tested A large number of market is not the focus of product. Opportunity Can be advertised as The appliance for fast pace lifestyle Many features can be improvised and then the company can come up with a new and improved version of the product. There is no similar product in the market, so there is no comparison bar for setting the cost. Threat People may be apprehensive about a new concept, thus the product can fail in the market. There is no reason for audience to trust a new product without any brand name or garuntee. Possibility of the idea being copied by other companies. Marketing plan for product launch Competitors- Philips being a very reputed and experienced company in the household appliance sector has to face stiff competition from other companies, like BRAUN, Morphy Richards, etc. However the 3 in 1 appliance (coffee maker + toaster + skillet) is a novel idea which is first of its kind in the industry. This appliance, therefore, will give Philips the first mover advantage and competitive edge over its competitors. Target the ideal customers- The appliance has a limited range on the target customer profile, but under Philips, who has a very strong and loyal customer base, it will still have a large number of audiences fitting in the customer range. Below are the exact details of what the audience will be like. Age: 18- 30 year old is the main age group for this product. Household income: As this product is a worldwide launch, a fix house hold income cant be estimated. But the target market for this appliance is the families from upper middle class and lower upper class. Geographical location: The product is such that it can be used all around the world, by people of any nationality or culture. Philips products are sold in more than 100 countries around the world, thereby providing a huge customer base for the product. Work situation: the work situation of the target market can be of 2 types- Young adults staying away from their family for studies. People who have a 9 to5 job and very hectic mornings. Create a unique value proposition- This appliance has a lot of special features that set it apart from other company products and gives Philips an advantage of coming up with a one of its kind new and innovative appliance. Saves time: the product can perform three different tasks, meant for three different kitchen products, in the time of one, due to its 3 in 1 engineering feature. This saves a lot of time and energy of the user. it can be healthy in a way because those who used to skip there proper breakfast because of hectic mornings will now be able to get an ideal breakfast without compromising much on time. Saves money: It obviously saves a lot of money if you can just buy 1 product instead of three! Philips products are mostly a little high prized compared to other brands, because of its product quality and brand name. This may cause losing some customers who have a lower budget. But this 3 in 1 appliance is an exception, as it will cost efficient compared to the price range of other Philips products. here is the approximate difference- Good quality toaster (49 S$) + good quality coffee maker (49 S$) + an average skillet (50 S$) = approximately 150 S$ Whereas, the 3 in 1 appliance, roughly, will only costs around 80 S$, saving approximately 50- 70 S$. Compact design: In todays world everybody wants a product which consumes less space and is easily movable. Plus the ideal market for this product will potentially be the people living in apartments or condos, which mean they will not have a lot of space in their kitchen for bulky appliances. This product surely is a relief for them, because like all other Philips products, this one is also compact. Easy and quick: As all the processes of the appliance are engineered to be automatic and has storage for water / milk and coffee; there is any need of adding the ingredients every time you use the appliance. Easy cleaning: The material of the appliance is glossy plastic on the outside and the inner parts like the storage of coffee and water are detachable; also the skillet is removable. So it becomes very easy for the user to clean the appliance from outside and inside. Moreover, there are rubber stands under the appliance so that its easy to shift and clean the bottom surface of the product. Opportunity of choice: Philips has always given choices of colors to the users in most of their products. But this product is one step ahead. It not only has color preferences but also comes in 3 different graphics on the outer body- plain, waves and floral designs. People always love to be able to choose their favourite from all the given choices, than being forced to buy a product which has no color/ design preferences. Uniformity: The product can be a huge success in the market because of 1 more reason- coffee is a worldwide beverage, thus giving the product a good chance of being accepted all over the world. Marketing strategy and tactics- As mentioned in the report earlier, Philips pays a lot of attention on how well the product is marketed and launched; and spends accordingly on the promotion. This can be very beneficial for promoting a new product in the market, under the brand name of Philips. The target market being a new age generation, the strategy will be more concentrated on usage of modern age media like internet social network website. Apart from that Philips already has its own official website which is very explanatory of its products. The usage of print media like newspapers and magazines etc. is also necessary to spread the product information to a large number of audiences. Outdoor advertising like Billboards, bus-stops advertisements near universities/ colleges and central business district is very important to reach the exact target market. Lastly one of the most used advertising sources, television commercials, can also be used for a better marketing of the product experience. Testing concept and marketing approach- Testing of the product can be done through a lot of mediums. Philips places its products in famous retail outlets, like big bazaar in India or courts in Singapore, which are nationally recognized and visited by many people. This gives Philips products an opportunity to come across a large number of audiences. The same tactics can be used for the testing of the new product. the 3 in 1 appliance can be displayed on a stall in these stores and people by passing the stall can see the demonstration of the working appliance, as well as can use it themselves to better understand the features of the products. Online surveys can be done asking suggestions about the concept and aesthetic appeal of the product. Lastly, Philips can give a money back or product exchange guarantee to first 10,000 customers of the appliance, all over the world. They can ask those customers for their feedback on what they felt went wrong and accordingly do changes in the product, if needed. Rolling out campaign- This is the time when Philips brand name plays a very important role. There are 3 ways of campaigning for the appliance- Showing testimonials of the users of the product on T.V. commercials. This way people will relate more to the product. Sponsoring an event related to cooking/ cookery shows for e.g. Master Chef, so at the end the show will advertise Philips kitchen appliances, including the 3 in 1 appliance. Sponsoring a cookery competition, and giving the product as a gift to the winner. Know your product lifecycle- Any product has 4 main phase of its life. Below is the chart showing the lifecycle of the sales of any product. Introduction- First six months, sales of the product will be slow. Buyers who are innovators will mostly use the product. Growth- With the increasing promotion by Philips, after six months of launch, the product will have increasing sales. By then people who are loyal to the Philips brand will start buying it. Maturity- By now everybody see the product as an established and reliable product. Now the product will reach the peak sales and also the onset of decline due to the possible launch of similar products by the competitors. Decline- this is the time when the product loses its novelty factors and there will be a need to rethink the product attributes and come up with a better version as soon as possible. Conclusion In the end I think that Philips as a brand is perfect for the kind of product I have designed. It really will help the product with the brand name of Philips. Similarly I think Philips can also gain more number of audiences because of my product.

teh rechartering of the national bank by Andrew Jackson :: essays research papers

The Rechartering of the National Bank In 1832, a Renewal Bill for the United States Bank came up to the President, Andrew Jackson. He vetoed this bill for the Bank, and in the address that he included with the veto stated that he knew that this would be an issue, and that people would not like it. He told in this address all of the clear and obvious reasons why he vetoed against the bank.   Ã‚  Ã‚  Ã‚  Ã‚  First, Andrew Jackson, aimed towards all of the strict constructionists, brought up the point that the formation of a national bank is not in the Constitution, and therefore there is no reason why we should be able to use it. President Jackson also said how the national bank is â€Å"rebellious of the rights of the states, and dangerous to the liberties of the people†. Jackson could see that the bank was a monopoly, and the danger that this could bring. He said how the bank is run primarily by 25 people, 20 of which are elected by the bank stock holders, the other five are elected by the bank officials themselves, who in the long run can keep reelecting themselves, and corruption is bound to follow.   Ã‚  Ã‚  Ã‚  Ã‚  The main point that President Jackson made in his address for the veto was that too much of the money in the U.S. Bank was from foreign countries. When private stockholders from other countries don’t pay their debts, it hurts the U.S. economy, but even worse then that is the foreign business that the bank does creates an incredible amount of foreign dividend that the U.S. citizens have to pay for, in their taxes. The President says that the banking system should be entirely American; all of the stockholders in the United States Banking system should consist of U. teh rechartering of the national bank by Andrew Jackson :: essays research papers The Rechartering of the National Bank In 1832, a Renewal Bill for the United States Bank came up to the President, Andrew Jackson. He vetoed this bill for the Bank, and in the address that he included with the veto stated that he knew that this would be an issue, and that people would not like it. He told in this address all of the clear and obvious reasons why he vetoed against the bank.   Ã‚  Ã‚  Ã‚  Ã‚  First, Andrew Jackson, aimed towards all of the strict constructionists, brought up the point that the formation of a national bank is not in the Constitution, and therefore there is no reason why we should be able to use it. President Jackson also said how the national bank is â€Å"rebellious of the rights of the states, and dangerous to the liberties of the people†. Jackson could see that the bank was a monopoly, and the danger that this could bring. He said how the bank is run primarily by 25 people, 20 of which are elected by the bank stock holders, the other five are elected by the bank officials themselves, who in the long run can keep reelecting themselves, and corruption is bound to follow.   Ã‚  Ã‚  Ã‚  Ã‚  The main point that President Jackson made in his address for the veto was that too much of the money in the U.S. Bank was from foreign countries. When private stockholders from other countries don’t pay their debts, it hurts the U.S. economy, but even worse then that is the foreign business that the bank does creates an incredible amount of foreign dividend that the U.S. citizens have to pay for, in their taxes. The President says that the banking system should be entirely American; all of the stockholders in the United States Banking system should consist of U.