In the spring of 1837, people panicked as financial and economic uncertainty spread within and between New York, New Orleans, and London. Although the period of panic would dramatically influence ...
Lacking enough gold and silver in their vaults to redeem for paper money, banks either declared bankruptcy or temporarily shut down. Sound familiar? The Panic of 1837, America’s worst financial crisis ...
LAWSON, ANDREW 2020. Writing a Bill of Exchange:The Perils of Pearl Street, The Adventures of Harry Franco, and the Antebellum Credit System. Journal of American Studies, Vol. 54, Issue. 4, p. 645.
Challenges: Three months into Martin Van Buren’s presidency, the Panic of 1837 engulfed the country in its worst depression to date. Van Buren was largely ineffective at stemming the economic collapse ...
As president, however, Van Buren maintained Jacksonian policies that magnified an economic downturn, leading to the Panic of 1837. "Martin Van Ruin" was not re-elected... Died: July 24 ...