National and State Bank policies in the 1830's contributed to the Inflation, The panic increased national debt depression because...
1833 - President Jackson went against the bank by recalling deposits of the federal government, and putting them to state banks. Meaning lots of useless money was being churned out (every bank had a special type of money) and countless loans were being issued without consideration and thought. During that, federal revenue due to land had greatly increased
<1835 - He used this as an "opening" to pay of the national debts, however, this was quickly demolished
1836 - The congress passed a law that required the federal surplus to be shared to the states in four payments, later on the Jackson Administration started the "Specie Circular" (where payments for federal land had to be paid in small installments using coins!)
In March 1837, the new elected president: Martin Van Buren had a big job on his hands; there was an festering economic crisis due to the free spirited bank practices in conjunction with crazy credits etc. it wasn't looking good
May 1837; NYC Banks stopped specie payments and with this, this created a new path for a bad economic recession. Due to this, Van Buren was under so many factors of pressure, he decided not to stop the Specie Circular. He created a set of economic proposals (September ) which was a key date; a self reliant treasury congress didn't want to accept. Meaning the economy plummeted in 1839 and didn't improve until 1843.
Answer:
On July 4, 1817, a shovel plunged into the soil in Rome, NY, thereby beginning one of the most significant turning points in American history. On that day, the Erie Canal began and set in motion the new nation's future of transportation, trade, and technology. To celebrate the 200th anniversary of this historic moment, museums, local governments, schools, and civic organizations all over New York are hosting events and creating special projects. The Irish and The Erie live program and CD is Craobh Dugan's contribution.
Having lived his whole life near the Erie Canal, Craobh Dugan's lead fiddler and creative director Mike Hoke was inspired to look into the history of our Irish ancestors' contribution to the digging of "Clinton's Ditch". He knew that thousands of Irish immigrants had spent long hard days digging through the rough wilderness, facing perils like malaria and cholera, and he wanted to make sure the 200th anniversary commemorations didn't leave them out.
After many hours spent at the Jervis Library, Mike wrote the script for The Irish and The Erie live performance filling it with stories and humor. Then he blended in traditional Irish tunes and songs and even added some new lyrics about the Erie Canal. Craobh Dugan mandolin and banjo player Bill Fahy contributed an original Erie Canal song too.
Explanation:
I was gonna say A and B but the other person said C so I have no idea-
Battle of the Alamo is the war :)
