Sign up for FlowVella
Sign up with FacebookAlready have an account? Sign in now
By registering you are agreeing to our
Terms of Service
Loading Flow
March 4, 1837 - March 4, 1841
Characteristic: Stagnant
Martin Van Buren spent most of his presidency having to fix all the problems Andrew Jackson caused, so not much changed.
Martin Van Buren
Economic Panic of 1837 - When V. Buren cam into presidency during 1837, Andrew Jackson had left a lot of thing for him to clean up, the main forefront of the mess being the economic crisis caused by Jackson when he moved federal funds from the Bank of the United States to state banks, causing hundreds of businesses and banks to fail and many people to lose the land they owned. V. Buren blamed the Bank and proposed that the money be moved to an independent treasury, which it did years later, but he was still blamed for the crisis even though it was obviously Andrew Jacksons fault.
Maine vs. New Brunswick - Another problem, surprisingly not cause by Andrew Jackson, was a border dispute between the US and Britain, specifically at Maine and New Brunswick. Both sides were on the brink of war, but V. Buren was able to resolve the issue diplomatically. America said that the border favored the US, while Britain said that it favored them, with them getting more land. V. Buren made a compromise where he negotiated the border to be drawn in between the two other proposed borders. While a success, some of the people who thought the US should have taken a stronger pulling counted this a failure.