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Jackson VETOs the B.U.S.
Jackson vetoes the renewal of the B.U.S. Picture link: obama-oversight.blogspot.com -
Nicholas Biddle
Nicholas Biddle demands that old loans be repaid and no new loans to be given.
**Not actual date
Picture link: philadelphia-reflections.com -
"Pet Banks"
President Jackson orders the pulling of federal funds from the B.U.S. to be deposited into "pet banks".
**Not actual date
Picture link: bisqueuk.com -
Jackson censured?
Jackson censured by the Senate for putting federal funds in the state banks.
**Not actual date
picture link: travelpod.com -
Specie Circular
Specie Circular- The peple must use gold or silver to buy land. Photo Link: photo.net -
Martin Van Buren takes office
President Martin Van Buren takes office. Picture Link: aboutfamouspeople.com -
Specie Payment
State Banks begin to accept payment in only specie. Photo Link: eveandersson.com -
Banks out of gold/silver
New York banks run out of gold and/or silver and the government cannot get any money. picture link: coinnews.net -
2nd B.U.S. out of business
The second bank of the United States officially closes and goes out of business. picture link: aphistory2010.yolasite.com -
Whig party takes control.
William H. Harrison takes office, and the Whig party takes control. Picture Link:fakemillions.com
