As a young lawyer he became active in New York politics. As leader of the Albany Regency, "an effective New York political organization, he was charged wise public offices and gifts in a way that comes to get votes. But he carried out faithfully duties, and in 1821 was the U.S. Senate voted.
By 1827 he had emerged as a major north-leader for Andrew Jackson. President Jackson rewarded Van Buren by making him Minister of Foreign Affairs. If the Cabinet Members appointed at John C. Calhoun began the recommendation to show a subordinate loyalty to Jackson, Van Buren emerged as the most trusted presidential adviser. Jackson referred to him as "a real man without guile."
The break in the government was serious, because the differences with Jackson aspirant Calhoun, a Presidential system. Van Buren suggested a way out of a possible impasse: he and Secretary of War Eaton was so Calhoun men would also resign. Jackson appointed a new cabinet and was looking back to Van Buren, by making him minister to Great Britain to reward. Vice President Calhoun, as chairman of the Senate, casts the deciding vote against the appointment - and made a martyr of Van Buren.
Was the "Little Magician" elected Vice-President Jackson on the ticket in 1832, and won the presidency in 1836.
Van Buren devoted his Inaugural Address to a discourse on the American experiment as an example for the rest of the world. The country was prosperous, but less than three months later the panic of 1837 punctured the prosperity.
Basically, the problem of the 19th Century cycle of economic "boom and bust", which according to its regular pattern, but Jackson's financial measures, which contributed to the crash. His destruction of the Second Bank of the United States had restrictions on the inflationary practices of some state banks, wild speculation in the country, from a simple bank loan basis, had swept the West. Gold or silver - At the conclusion of this speculation, Jackson in 1836 had a Specie Circular requiring that land be bought with hard currency issued.
In 1837 the panic began. Hundreds of banks and businesses failed. Thousands lost their land. For about five years in the United States was plagued by the worst crisis to date in its history.
Programs to alleviate escape the economic crisis, decades later, both Van Buren and his opponents. Van Buren to remedy - continuing Jackson's deflationary policies - only deepened and prolonged the Depression.
Explain that the panic was due to recklessness in business and overexpansion of credit abuses, Van Buren devoted himself to maintaining the solvency of the national government. He opposed not only the creation of a new Bank of the United States but also by the state government funds into banks. He fought for the establishment of an independent treasury system, the government transactions. As for federal aid for internal improvements, he cut spending so complete that even the government had used the tools on public works sold.
More and more inclined to oppose the spread of slavery, Van Buren blocked the annexation of Texas, because it certainly would add to slave territory - and it would bring war with Mexico.
Defeated by the Whigs in 1840 for re-election, he was an unsuccessful candidate for the presidency of the Free Soil ticket in 1848. He died in 1862.
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