As a solution to the panic , he supported an Independent Treasury system , which was designed to hold the money balances of the government in the form of gold or silver and would be restricted from printing paper money so as to prevent further inflation . A coalition of conservative Democrats and Whigs opposed the bill , and it was not passed until 1840 . During the delay , no effective remedy had been implemented for the depression . Van Buren grew deeply unpopular . A unified Whig Party nominated popular war hero William Henry Harrison and former Jacksonian John Tyler in the 1840 presidential election . The Whigs ' campaign style in many ways mimicked that of the Democrats when Jackson ran . They depicted Van Buren as an aristocrat who did not care for the concerns of ordinary Americans , while glorifying Harrison 's military record and portraying him as a man of the people . Jackson campaigned heavily for Van Buren in Tennessee . He favored the nomination of Polk for vice president at the 1840 Democratic National Convention over controversial incumbent Richard Mentor Johnson . No nominee was chosen , and the party chose to leave the decision up to individual state electors
1840 Democratic National Convention
1840 Democratic National Convention
Andrew Jackson