Second Bank of the United States

Second Bank of the United States (HM5VF)

Location: Philadelphia, PA 19106 Philadelphia County
Country: United States of America

N 39° 56.895', W 75° 8.894'

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Inscription
"The portico of the glorious edifice . . . always repays me for coming to Philadelphia" —Philip Hone, 1838

Here stands the Second Bank of the United States. Established in 1816 to hold government deposits and regulate currency, it dominated American finance for more than a decade.

The temple-like bank had both priest and heretics. Bank President Nicholas Biddle preached the value of the bank, while U.S. President Andrew Jackson decried it as a "hydra of corruption." The "temple" was looted of its treasure when Jackson vetoed the recharter of the bank, distributing government deposits to smaller banks.

Now, long after the passions of finance and philosophy have subsided, we recognize the architecture—not the institution—as the real treasure of the Bank. Designed by William Strickland, it has been called the finest example of Greek Revival architecture in the United States.
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Details
HM NumberHM5VF
Tags
Placed ByIndependence National Historical Park
Marker ConditionNo reports yet
Date Added Friday, October 17th, 2014 at 6:21pm PDT -07:00
Locationbig map
UTM (WGS84 Datum)18S E 487337 N 4422024
Decimal Degrees39.94825000, -75.14823333
Degrees and Decimal MinutesN 39° 56.895', W 75° 8.894'
Degrees, Minutes and Seconds39° 56' 53.70" N, 75° 8' 53.64" W
Driving DirectionsGoogle Maps
Area Code(s)267, 484, 215, 610
Closest Postal AddressAt or near 407 Library St, Philadelphia PA 19106, US
Alternative Maps Google Maps, MapQuest, Bing Maps, Yahoo Maps, MSR Maps, OpenCycleMap, MyTopo Maps, OpenStreetMap

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