The 8th U.S President " Martin Van Buren" , President of The United States

Martin Van Buren: With only about 5 feet 6 inches tall, but with good size and ergido, Martin Van Buren dressed splendidly. Impeccable reflected his kindness - and his humble origin. Dutch descent, was born in 1782, the son of a publican and a farmer, in Kinderhook, New York. As a young lawyer, he became involved in New York politics. As leader of the "Stay Albany" an effective political organization in New York, he deftly provided public offices and generosity in a way calculated to bring votes. While faithfully he fulfilled his official duties, and in 1821 was elected to the US Senate. By 1827 he had emerged as the principal northern leader for Andrew Jackson. President Jackson rewarded Van Buren designating Secretary of State. While Cabinet members pointed to the recommendation of John C. Calhoun and started only show high loyalty to Jackson, Van Buren emerged as the trusted adviser to the president. Jackson referred to him as "a real man with nothing to hide." The difference in the cabinet became serious due to differences with Calhoun Jackson, presidential aspirant. Van Buren suggested a way out to eventual impasse: the Eaton and Secretary of War resigned, so that men Calhoun also had to resign. Jackson appointed a new cabinet, and tried again to reward Van Buren appointing him minister to Great Britain. Vice President Calhoun, president of the Senate, cast the deciding vote against medida-- and done aside the aspirations of Van Buren.

The "Little Magician" was elected Vice President on the ballot in Jackson in 1832, and won the presidency in 1836. Van Buren devoted his Inaugural the issue on the American experiment as an example to the world Speech. The country was prosperous, but less than three months later the panic of 1837 cut short prosperity. The problem was basically the cyclical economy "boom and surprise" of the 19th century, following its regular pattern, but financial measures Jackson contributed to the fall. His destruction of the Second Bank of the United States had removed restrictions on inflationary practices of some state banks; wild speculation in territorrios based on easy credit from banks, had swept the West. To end this speculation, Jackson in 1836 had issued a circular stating that the lands are purchased with gold or silver. In 1837 the panic began. Hundreds of banks and businesses failed. Thousands lost their land. For nearly five years the United States were hit by the worst depression so far in its history. Tade programs implemented over decades to alleviate the economic crisis eluded both Van Buren and his opponents. Van Buren's remedy - continuing deflationary policies Jackson-- only deepened and prolonged the depression.

Declaring that the panic was due to business risk and overexpansion of credit, Van Buren it was dedicated to maintaining the solvency of the national government. He opposed not only to the creation of a new Bank of the United States but also the placement of government funds in state banks. He fought for the establishment of an independent treasury system to handle government transactions. As for federal aid for internal improvements, he cut expenses so completely that the government even sold the tools that were used in public works. Leaning more and more in their opposition to the expansion of slavery, Van Buren blocked the annexation of Texas because it probably would add slavery to the territory and could be occasioned the war with Mexico. Defeated by the "Whigs" re-election in 1840, he was an unsuccessful candidate for president in a ballot for president on an environment áridoen 1848. He died in 1862.