   Financial crisis resulting from    speculation   Started during the end of Andrew    Jackson’s presidency
   Andrew Jackson put an end to the    second National Bank   New banks took advantage of this   Success was short-lived
   “Specie Circular”   Bank Failure – domestic and foreign   Crop Failure and Hessian Flies
   Van Buren refused to involve the    government     Independent treasury idea      - Repealed the next year, then late...
 Impacts lasted until 1843 Van Buren lost his re-election William Henry Harrison from the Whigs  became president
The Panic of 1837
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The Panic of 1837

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The Panic of 1837

  1. 1.  Financial crisis resulting from speculation Started during the end of Andrew Jackson’s presidency
  2. 2.  Andrew Jackson put an end to the second National Bank New banks took advantage of this Success was short-lived
  3. 3.  “Specie Circular” Bank Failure – domestic and foreign Crop Failure and Hessian Flies
  4. 4.  Van Buren refused to involve the government  Independent treasury idea - Repealed the next year, then later reenacted
  5. 5.  Impacts lasted until 1843 Van Buren lost his re-election William Henry Harrison from the Whigs became president

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