Faced with the banks collapsing one after another like dominoes, James Buchanan, the fifteenth President of the United States of America, couldn't sit still either.
As president, he never expected that just 8 months into his presidency, the United States would experience a fall in grain prices and stocks, along with bank and factory bankruptcies.
The successive bad news was like a thunderbolt for the newly appointed president. Originally intending to serve for eight years, at this moment he no longer has such aspirations; he only hopes the government can transition smoothly during his term so he won't leave behind a bad name at the end of his presidency.
However, given the current economic situation, the likelihood of James Buchanan not leaving behind a bad name seems very slim.
