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Unformatted text preview: important as a political leader than as a legislator. He organized the closely knit political group known as the Albany Regency and was a leading supporter of William H. Crawford , who ran for President in 1824. After the election of John Quincy Adams , Van Buren gradually swung his power to the support of Andrew Jackson . Presidency As President, Van Buren announced his intention of following Jackson's policies, but the Panic of 1837 and the hard times that followed brought Van Buren a great deal of unpopularity. To meet the economic crisis, Van Buren, wary of the existing banking system, backed after 1837 the Independent Treasury System . Not until 1840, however, did Congress pass measures establishing it. In foreign affairs, Van Buren attempted to conciliate differences with Great Britain arising out of the Caroline Affair and the Aroostook War ....
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This note was uploaded on 01/04/2012 for the course AMH AMH2010 taught by Professor Pietrzak during the Fall '10 term at Broward College.
- Fall '10