Abstract
Jackson decides to step down after two terms in office. His hand-picked choice for the Democratic nomination is Martin Van Buren. The Whigs nominate three regional candidates hoping that they will get enough votes to deny Van Buren the majority, but they don't come close. Just after Van Buren's election in 1837 the price of cotton, land, and even slaves collapses. It recovers a bit and then crashes again in 1839. Like any self-respecting political party, the Whigs and the Democrats each blame the other for the economic crisis.
Collection
Subject
Series
American History, American Studies, Unfinished Nation, The
Duration
00:02:58 (HH:MM:SS)
Language:
English
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