Miller Center

Presidential Image Gallery

Economic Troubles during the Van Buren Years

Source: The Library of Congress

Shortly upon President Martin Van Buren's entry into office, economic troubles stemming from the policies of Andrew Jackson's administration led to an economic panic. The nation endured a severe depression in 1837. Van Buren blamed the Panic of 1837 and subsequent depression not on the Jackson economic policies, but instead on the greed of American and foreign business and financial institutions. 

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