Jackson and the Bank

By project42

  • Black Hawk War

  • Bill passed by House of Representatives

  • Jackson's Veto Message

    Jackson opposes the bank after being proposed a re-charter. Began the "Bank War."

  • Recharter of the Bank

  • Force Bill

  • Federal Deposits Removed

    Jackson got rid of deposits and placed them in teh bank.

  • Bank of the U.S Expires

  • Specie Circular

    Issued by Jackson so that any land had to be paid in gold and silver. This increased inflation and the devaluation of currency.

  • Panic of 1837

    Panic of 1837
    A financial crisis where unemployment went up and prices, profits, and wages went down.