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Martin van Buren

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• Andrew Jackson
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Panic of 1837

 

Definition: Eighth president of the United States (1837-1841). Van Buren served in the Senate and as governor of New York. He later became Secretary of State and then Vice-president under President Andrew Jackson. As president, Van Buren often walked a thin line. He supported states' rights but didn't want slavery to expand into new states or territories. He didn't favor the annexation of Texas but fought a war (the Seminole War) to try to bring Florida into the Union. Van Buren's downfall was the Panic of 1837, the country's first Depression. Even though banks were failing, he refused to have the federal government get involved. Many people lost lots of money, and van Buren was not re-elected.

Related Resources:
Martin van Buren
Find out more about this often misunderstood president.

Elsewhere on the Web:
White House Biography
Learn all about the life of this famous American!

American Presidents: Martin van Buren
Put the Panic of 1837 in perspective by learning about the president at the time.

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