Martin Van Buren was the President when this depression or panic hit. It cost him his job .
It Occured on May 10, 1837
President Van Burien because he didnt take direction to end the econmic depression
Martin Van Buren President from 1837-1841 Martin Van Buren President from 1837-1841
in all likelihood you're thinking of the panic of 1837.
panic of 1837
Click on the link below for information about the Panic of 1837.
Panic of 1837
He set up the Independent Subtreasury of the United States of America.
Martin van buren
Panic of 1837
He was the 8th president of the United StatesThe Economic Panic of 1837
- When the country experienced the Panic of 1837, Van Buren was blamed.
Van Buren had to respond but was hampered by his own political party's laissez-faire policies, dooming his re-election
he finished the crisis.
He believed in the principle of laissez-faire
His biggest problem was the financial panic of 1837 and the ensuing economic slump.