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PRIMARY SOURCE ANALYSIS 4.8: Jackson and Federal Power Directions: Read the excerpt below and sentences. "It is necessary to the prosperity of the country that it should be rechartered on the same gen which it now possesses. The principles of the and its powers have been found competent to is no sound objection to the Bank, as an inad heretofore opposed to it. its great usefulness "Source: Speech by Henry Clay, America Bank of the United States, Senate delPRIMARY SOURCE ANALYSIS 4.8: Jackson and Federal Power Directions: Read the excerpt below and answer the following prompts in complete sentences. "It is necessary to the prosperity of the country that the Bank should be rechartered; and that it should be rechartered on the same general principles and with the same powers which it now possesses. The principles of the Bank have been sanctioned by experience; and its powers have been found competent to the object for which it was created. There is no sound objection to the Bank, as an institution, on the part of those who have been heretofore opposed to it. Its great usefulness has forced itself upon their conviction." 'Source: Speech by Henry Clay, American politician, on the re-charter of the Secon Bank of the United States, Senate debate, 1832. 3. Provide the purpose of the excerpt above. Support your claim with evidence from th excerpt itself (you may paraphrase, but do not quote). 4. Provide the intended audience for the excerpt above. Support your claim with evidence from the excerpt itself (you may paraphrase, but do not quote.)

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3. The purpose of the excerpt above is to persuade the Congress and the public to support the re-charter of the Second Bank of the United States, which was due to expire in 1836. The speaker argues that the Bank is beneficial for the country's prosperity, stability, and growth. He claims that the Bank has proven its effectiveness and efficiency in managing the currency and facilitating trade. He also asserts that there is no valid reason to oppose the Bank, as even its former critics have recognized its value.

4. The intended audience for the excerpt above is primarily the members of the Senate, who were debating whether to renew the Bank's charter or not. The speaker also addresses the general public, especially those who were doubtful or hostile to the Bank, hoping to sway their opinion in favor of the Bank. He uses formal language, logical arguments, and appeals to authority and experience to convince his audience.
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