From Ohio History Central
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<p>Most white Ohioans initially welcomed Andrew Jackson's election. During his time in office, Jackson continued to force Native Americans to forsake their land east of the Mississippi River for land west of the river. Ohio's small farmers and industrial workers believed that land seized from the natives would open up new opportunities. Land prices would hopefully fall, allowing working-class Americans the chance to either own or expand their landholdings. Many Ohioans also welcomed Jackson's attack on the Bank of the United States due to the Panic of 1819 and the Banking Crisis of that same year. </p>
<p>Jackson succeeded in destroying the National Bank, but new economic problems arose in the late 1830s. To help end the national debt of the United States, Jackson refused to assist states in building transportation systems. He would not allow federal money to be used to build railroads, canals, and turnpikes. During Jackson's term, Ohio was in the midst of a massive canal-building campaign. Ohio farmers and business leaders wanted internal improvements to reduce the cost and time necessary to transport products to their major markets on the East Coast. Near the end of Jackson's term as president, more financial troubles evolved resulting in bank closures.; He was reluctant to invest in the Second Bank of the United States. The banks were printing too much money, causing high inflation. In 1836, the government withdrew all funds from the bank and Jackson ordered government officials to no longer accept payment in currency for taxes, land sales, etc. The federal government would only accept gold or silver coin, preventing many Americans, including Ohioans, from paying their taxes or being able to purchase government land. This resulted in the collapse of the Second Bank of the United States, and let to the Panic of 1837. </p>
<p>Jackson decided not to seek re-election in 1836. He was sixty-nine years old. His beloved wife Rachel had been deceased for a number of years and his own health was beginning to fail. Martin Van Buren was elected president and faced a crisis of inflation and economic depression. Jackson retired to the Hermitage and died there on June 8, 1845.