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They caused by them telling Andrew Jackson that it was wrong to give people loans of gold and sliver. also because in the Cordially they discussed it farther and came to a calculation that the Speculators were truly the ones to blame for the panic of 1837.

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βˆ™ 15y ago
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βˆ™ 9y ago

The main cause of the Panic of 1837 was the decision to stop accepting paper money for the purchase of federal land.

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Q: What was the main cause of the Panic of 1837?
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