Suspicion and hostility, stemming from technological and cultural differences as well as mutual feelings of superiority, have permeated relations betweenNative Americanand non-Indians in North America. Intertribal antagonisms among the Indians, and nationalistic rivalries, bad faith, and expansionist desires on the part of non-Indians exacerbated these tensions. The resulting white-Indian conflicts often took a particularly brutal turn and ultimately resulted in the near-de-struction of the indigenous peoples.
<span>The Democratic party was seen as to blame for this Panic. The Specie Circular, implemented under Jackson and Van Buren, was seen as the major driver of the inflation and price increases that led to the Panic of 1837. This led to restrictions on credit, less borrowing, and therefore, bank failures. In addition, farmers were having trouble meeting their loan terms, due to the inflation on their farm products, and were losing their lands to larger, wealthier farmers. All this led to a Panic that lasted until the mid-1840s.</span>
