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He set up the Independent Subtreasury of the United States of America.

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11y ago
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8y ago

President Martin Van Buren overcome the panic in 1837 by sponsoring the creation of an independent treasury

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13y ago

He hardly did anything to help.

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12y ago

nothing

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Q: How did Martin van Buren deal with the panic of 1837?
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This was created by Jackson in 1836 as a reaction to the growth of paper money and credit. It required that people purchase public land from that point forward with gold or silver specie. Since most banks over loaned and distributed more bank notes than they could back this caused the panic of 1837 that Martin Van Buren had to deal with


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