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Jackson vetoes the renewal of the B.U.S. Picture link: obama-oversight.blogspot.com
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Nicholas Biddle demands that old loans be repaid and no new loans to be given.
**Not actual date
Picture link: philadelphia-reflections.com -
President Jackson orders the pulling of federal funds from the B.U.S. to be deposited into "pet banks".
**Not actual date
Picture link: bisqueuk.com -
Jackson censured by the Senate for putting federal funds in the state banks.
**Not actual date
picture link: travelpod.com -
Specie Circular- The peple must use gold or silver to buy land. Photo Link: photo.net
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President Martin Van Buren takes office. Picture Link: aboutfamouspeople.com
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State Banks begin to accept payment in only specie. Photo Link: eveandersson.com
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New York banks run out of gold and/or silver and the government cannot get any money. picture link: coinnews.net
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The second bank of the United States officially closes and goes out of business. picture link: aphistory2010.yolasite.com
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William H. Harrison takes office, and the Whig party takes control. Picture Link:fakemillions.com
