Panic of 1837 By TrevorR1 Jul 10, 1832 Jackson vetoes the nenewal of the 2nd B.U.S Mar 1, 1833 Banks run out of gold/silver Sep 3, 1833 Jackson put government funds in "pet banks" Mar 1, 1834 Jackson censured by the Senate Mar 3, 1834 Nicholas Biddle demanded old loans back ans no new loans Aug 1, 1836 Specie Circular Mar 4, 1837 Martin Van Buren takes office Mar 4, 1841 William H. Harrison and the Whig party take control Aug 16, 1841 2nd Bank of the United States officially closes and goes out of business