11. In 1834 the strong will of the chief magistrate was brought into
conflict with France. In 1831 the French king had agreed to pay five
million dollars for injuries formerly done to American commerce. But
the government of France neglected the payment until the President
recommended to Congress to make reprisals on French merchantmen. This
measure had the desired effect, and the indemnity was paid. Portugal
was brought to terms in a similar manner.
[Sidenote: Arkansas and Michigan Admitted.]
12. In June of 1836, Arkansas, with a population of seventy thousand,
was admitted into the Union. In the following January, Michigan
Territory was organized as a State and added to the Republic. The
new commonwealth brought a population of one hundred and fifty-seven
thousand. In the autumn of 1836 Martin Van Buren was elected President.
As to the Vice-presidency, no one secured a majority, and the choice
devolved on the Senate. By that body Colonel Richard M. Johnson of
Kentucky was chosen.
CHAPTER XXXVIII.
VAN BUREN'S ADMINISTRATION, 1837-1841.
Martin Van Buren, eighth President, was born at Kinderhook, New York,
on the 5th of December, 1782. After receiving a limited education he
became a student of law. In 1821 he was chosen United States Senator.
Seven years afterward he was elected governor of New York, and was then
appointed Minister to England. From that important mission he returned
to accept the office of Vice-president.
[Illustration: Martin Van Buren.]
[Sidenote: Taylor's Campaign in Florida.]
2. One of the first duties of the new administration was to finish
the Seminole War. In the fall, Osceola came to the American camp with
a flag of truce; but he was suspected of treachery, seized and sent
a prisoner to Fort Moultrie, where he died. The Seminoles, however,
continued the war. In December Colonel Zachary Taylor, with a thousand
men, marched into the Everglades of Florida, and overtook the savages
near Lake Okeechobee. A hard battle was fought, and the Indians were
defeated. For more than a year Taylor continued to hunt them through
the swamps. In 1839 a treaty was signed, and the Seminoles were slowly
removed to the West.
3. In 1837 the country was afflicted with a serious monetary panic.
The preceding years had been a time of great prosperity. A surplus
of nearly forty million dollars, in the national treasury, had been
distributed among the States. Owing to the abundance of money, the
credit system was greatly extended. The banks of the country were
multiplied to seven hundred. Vast issues of irredeemable paper money
increased the opportunities for fraud.
[Sidenote: Financial Panic.]
Public-domain text, read in full here on John Shaqi.
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