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there are alternative views of the Panic of 1837, such as silver in Mexico, so phrasing somewhat more ambiguously
Jackson was firmly opposed to a national bank, and fought to dismantle the Second Bank of the United States. He vetoed Congress's
Jackson was firmly opposed to a national bank, and fought to dismantle the Second Bank of the United States. He vetoed Congress's
bill to renew its charter, and began withdrawing money from it. He also created the Specie Circular, which required land bought from the government to be paid for in [[specie]]. These policies led to the Panic of 1837, which did not occur until after Jackson had left office.
bill to renew its charter, and began withdrawing money from it. He also created the Specie Circular, which required land bought from the government to be paid for in [[specie]]. Most historians link this to the Panic of 1837, which did not occur until after Jackson had left office.
After honoring the precedent of [[George Washington]] to resign after serving two terms as President, Jackson then supported and advised many future candidates, most notably [[James K. Polk]].
After honoring the precedent of [[George Washington]] to resign after serving two terms as President, Jackson then supported and advised many future candidates, most notably [[James K. Polk]].