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1 day ago · Martin Van Buren ( / vænˈbjʊərən / van BURE-ən; Dutch: Maarten van Buren [ˈmaːrtə (n) vɑm ˈbyːrə (n)] ⓘ; December 5, 1782 – July 24, 1862) was an American lawyer, diplomat, and statesman who served as the eighth president of the United States from 1837 to 1841. A primary founder of the Democratic Party, he served as New York's ...
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2 days ago · Shortly after Van Buren took office, an economic crisis known as the Panic of 1837 struck the nation. Land prices plummeted, industries laid-off employees, and banks failed. According to historian Daniel Walker Howe, the economic crisis of the late 1830s and early 1840s was the most severe recession in U.S. history until the Great Depression.
- 1856; 167 years ago
- Henry Clay
- 1833; 190 years ago
3 days ago · The Panic of 1837 forced the Tappans to close their doors, but the brothers founded another lucrative enterprise when they opened the first commercial credit-rating service in the 1840s. Arthur Tappan early and consistently used his wealth to support missionary societies, colleges, and theological seminaries.
- The Editors of Encyclopaedia Britannica
4 days ago · Generally, the “panic of 1837” and the ensuing economic depression, 1837 to 1844, were years of deflation in wages and prices. It was becoming evident to investors in the mills that the immense profits of the early years were not going to continue forever (profits in 1830-31 were close to 20%).
1 day ago · v. t. e. Stephen Grover Cleveland (March 18, 1837 – June 24, 1908) was an American politician who served as the 22nd and 24th president of the United States from 1885 to 1889 and from 1893 to 1897. He is the only president in U.S. history to serve non-consecutive presidential terms.
- David B. Hill
- William McKinley
4 days ago · The collapse of the banks froze business lending and helped spark the Panic of 1837, in which stock prices, the real estate market bottomed out and even crops were devastated by bad...
4 days ago · The Brewery, which sat right across the street from Paradise Square park, became one of many tenements that sprung up in the area following the Panic of 1837, a financial crisis that shut...