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History of the United States I / Unit 10   USH1 1386 short lesson, about 20 seconds

The Panic of 1837

Captions available

The idea

The Panic of eighteen thirty-seven was caused by the Specie Circular, the Bank of England's reduced lending, and collapsing cotton prices together.

In practice

Three causes, only one of them American policy.

Where people slip

Van Buren, elected in eighteen thirty-six, paid the political price for the consequences of Jackson's policies.

Your place on the trail

Every lesson rests on earlier ones and opens later ones. Tap any to jump.

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