Jackson Administrations - Post-presidential Years
Post-presidential Years
After the 1837 inauguration of his successor, Martin Van Buren, Jackson retired to his estate in Tennessee, the Hermitage. He remained a powerful force in the Democratic Party despite his distance from national politics, his age—now 70—and his poor health. As the nation suffered through a financial panic and deepening depression, Jackson publicly supported much of Van Buren's economic agenda, including the Divorce Bill, which ultimately established a U.S. Treasury that was independent of private banking interests.
Jackson was disappointed to learn that his friend Van Buren was opposed to Texas annexation. Because Jackson considered Texas to be an indispensable component of U.S. security, he switched his allegiance to James K. Polk, the Democratic Party's candidate, for the 1844 presidential campaign. He lived just long enough to see Texas join the Union as a state. In June of 1845 Jackson, then 78...
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