• Summary
  • Contents
  • Subject index

A manual offering information on the most important laws and treaties approved by Congress in more than 200 years since the first session in 1789. Each Congress is covered in a separate chapter introduced by a historical essay setting the actions of the legislators in the context of their times.

Twenty-Sixth Congress: March 4, 1839, to March 3, 1841
Twenty-sixth Congress: March 4, 1839, to March 3, 1841
  • First session—December 2, 1839, to July 21, 1840
  • Second session—December 7, 1840, to March 3, 1841
  • (Administration of Martin Van Buren, 1837–1841)
Historical Background

Worsening economic conditions in late 1839 and early 1840 emphasized the significance of President Martin Van Buren's fervent appeal for an independent Treasury system in his third annual message. As the nation plunged quickly toward depression, the flow of British capital into the country virtually ceased, bank failures increased, and business activity declined. Banks once again began suspending specie payments. Finally on July 4, 1840, President Van Buren was able to sign the Independent Treasury Act he had demanded for nearly three years. It passed the Senate on ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles