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Nicholas Biddle

Nicholas BiddleBorn: 8-Jan-1786
Birthplace: Philadelphia, PA
Died: 27-Feb-1844
Location of death: Philadelphia, PA
Cause of death: unspecified
Remains: Buried, St. Peter's Churchyard, Philadelphia, PA

Gender: Male
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Business

Nationality: United States
Executive summary: Second Bank of the United States

American financier, born in Philadelphia on the 8th of January 1786. He was the nephew of a naval officer, Captain Nicholas Biddle (1750-1778), who lost his life while fighting on the American side during the War of American Independence. After almost finishing the prescribed course at the University of Pennsylvania, the boy went to Princeton, where he graduated with high honors in 1801. During 1804-07 he was the secretary, first of John Armstrong, minister to France, and then of James Monroe, minister to Great Britain. After his return to America he practiced law for several years in Philadelphia, was an associate editor of Dennie's Portfolio, to which he contributed both prose and verse, and, with much literary skill, prepared for the press from the explorers' own journals a History of the Expedition under the Command of Captains Lewis and Clark (1814). He was a prominent member of the Pennsylvania House of Representatives in 1810-11 and of the Senate in 1814-17, and in 1819 became, by President Monroe's appointment, one of the five government directors of the Bank of the United States. In 1823 he replaced Langdon Cheves as its president. In general he followed a conservative policy and showed marked ability in the management of the bank, but during President Andrew Jackson's warfare upon that institution, his character and his policy were violently assailed by the president and his followers. The bank's national charter lapsed in 1836, but it was immediately chartered by Pennsylvania as the "Bank of the United States, of Pennsylvania"; and Biddle remained president until 1839, two years before the bank failed. As president of the board of trustees appointed for the purpose, he took a prominent part in the establishment of Girard College, in accordance with the will of Stephen Girard. He died in Philadelphia on the 27th of February 1844.

Father: Charles Biddle (b. 1745, d. 1821)
Mother: Hannah Shepard Biddle
Brother: William Shepard Biddle (b. 21-Feb-1781, d. 30-May-1835)
Brother: Edward Biddle
Brother: James Biddle (b. 18-Feb-1783, d. 1-Oct-1848)
Brother: Thomas Biddle
Brother: John Biddle
Brother: Richard Biddle (author, b. 25-Mar-1796; d. 7-Jul-1847)
Wife: Jane Margaret Craig (m. 3-Oct-1811)
Son: Edward Biddle (b. 1815, d. 1872)
Son: Charles John Biddle (soldier, b. 1819, d. 28-Sep-1873)
Son: Craig Biddle (b. 1823)
Daughter: Adele Biddle

    University: University of Pennsylvania (departed to Princeton)
    University: Princeton University (1801)
    Administrator: Trustee, University of Pennsylvania

    Pennsylvania State Senate (1814-17)
    Pennsylvania State House of Representatives (1810-11)
    American Philosophical Society

Is the subject of books:
Nicholas Biddle: Nationalist and Public Banker, 1786-1844, 1959, BY: Thomas Payne Govan


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