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This man dislikes the National Bank, and destroys it; thought it favored the elite and was unconstitutional; wanted cheap money in the West to help Westerners to buy land (bank wasn't lending enough); banks were foreclosing on Westerners
Jackson hated this man, who was the President of the National Bank, because he thought that he was supporting his opponents
This third party who runs for Presidency felt that the secret Mason society had too much political power
The way Jackson destroyed the bank: withdrew money from the National Bank and deposited much of it in state banks owned by his friends
Who wins Presidency in the Election of 1832; Republicans vs Democrats vs Anti-Masonic Party vs Whig Party
Document that requires hard cash (gold, silver) for land purchases, hurts the economy
Panic of 1837
Economic depression caused by: overspeculation (specie circular), England's economic recession (trade), overspending by states, failed banks
Independent Treasury System
Van Buren comes up with this system: anytime the government sells land, they will put the money in the Independent Treasury
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