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http://www.history.com/topics/andrew-jackson.
Jackson vetoes the bill a week after congress passes it. He argues that it was unconstitutional. -
www.beforeitsnews.com/story/170/111/September_10,_1833.html .
Andrew Jackson uses his executive power to remove all federal funds from the 2nd Bank of the United States. He believed that the bank favored the privileged buisnessmen. -
www.history.com/this-day-in-history/congress-censures-jackson.
Jackson was the first president to be formally disapproved of by Congress. Jackson was censured because he refused to turn over documents to Congress. -
http://www.history.com/topics/nicholas-biddle.
Nicholas Bddle orders all old loans to be paid back, which caused a recession in1834. -
http://www.let.rug.nl/usa/E/bankwar/bankwar11.htmThe rise of inflation causes Jackson to pass this. People could no longer use paper money to purchase federal lands. they were forced to pay in gold or silver.
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http://www.britannica.com/EBchecked/topic/558645/Specie-Circular.
State banks only accept hard money such as silver or gold. -
www.memory.loc.gov/ammem/pihtml/pi013.html .
Martin Van Buren becomes president on March 4, 1837. He serves from1837 to 1841. He was the first president who was not born a British subject. -
http://www.ltadvisors.net/Info/1837.html.
New York City banks suspend hard currency due to depletion of gold and silver. This was one of the causes of the Panic of 1837. -
http://www.history.com/topics/bank-war.
The Second Bank of the United States was left with little money and, in 1836, its charter expired and it turned into an ordinary bank in Philadelphia. Five years later, the fSecond Bank of the United States went bankrupt and closed. -
http://memory.loc.gov/ammem/pihtml/pivid04.html.
Presedential inaugeration of William Harrison. He was the first president from the Whig Party.
