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How did President Martin Van Buren deal with the Panic of 1837?

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To meet the economic crisis, Van Buren, wary of the existing banking system, backed after 1837 the Independent Treasury System . Not until 1840, however, did Congress pass measures establishing it.

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Get more facts and information about Van Buren, Martin . Or, view the full encyclopedia entry from The Columbia Encyclopedia, Sixth Edition.

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