A Description of a Remarkable Vision, seen by Thomas Webster,... by Anonymous

beginning to deposit government funds in state banks rather than in the Bank of the United States.Ĭ. Jackson helped to bring an early end to the Bank of the United States byĪ. In the face of the Panic of 1837, working-class Americans could expectĮ. a change in the policies of the Bank of England regarding loans, which led to a decline in the demand for U.S. a depression in France that negatively impacted the market across the Atlantic and increased reliance on the Specie Circular.Į. a surplus of American wheat due to the gradual reliance on European trade throughout the Van Buren administration.ĭ. the tariff of 1835, which had lowered duties to dangerous levels and resulted in a rise in American spending.Ĭ. a lack of American infrastructure projects, which in turn caused a surge in unemployment across the United States.ī. stabilize the American banking system by taking federal deposits out of shaky 'pet' state banks. fund a massive unemployment insurance program to help millions of Americans suffering from the economic depression. stabilize the American banking system by taking federal deposits out of shaky 'pet' state banks.Į. give state banks more control over the nation's supply of gold and silver.ĭ. create manufacturing and banking jobs in the face of the worsening economic crises.Ĭ. stop National Republicans and Whigs from uniting and overthrowing his administration.ī.

Martin Van Buren became convinced during the Panic of 1837 and its aftermath that an Independent Treasury Act was necessary toĪ.

A Description of a Remarkable Vision, seen by Thomas Webster,... by Anonymous