| ______________|_________________________________
Tariff. | | | |
Of 1824, opposed | Clay defeated. Jackson reelected. 1827, Rise of Antimasons.
by the South. Finance Van Buren Vice President 1831, Originate national
Of 1828, \ ________________ | nominating convention.
Of 1832, / Nullified | | ________________|___________________________________
by South Attack on the | | | | |
Carolina Bank of the Removal of the Surplus. Specie | Speculation
in 1832. United States. deposits. Cause of Circular |
|___________| Renewal of Censure of the amount. | +--------+
| charter vetoed. President. "Deposit" or | Payments of the
Compromise Censure distribution | national dept,
of 1833. | expunged. among the | 1835.
|_____________________| states. |
| |____________| |
Great increase of | |
state banks. | |
|______________________________|__________|_________|

Van Buren elected in 1836.
Inaugurated, March, 1837.
Panic of 1837.
_______________________________|__________________
| |
Causes of the panic. Great opposition to the Democratic party.
Suspension of the banks. Union of this opposition in 1840 with the Whigs.
New national debt. ___________________|______________________________
Suspension of distribution of | | |
the revenue. Democrats. Whigs. Antislavery
Establishment of Independent