Why did Van Buren want to create a national treasury?

First establishment

Two months into the presidency of Martin Van Buren, on May 10, 1837, some state banks in New York, running out of hard currency reserves, suddenly refused to convert paper money into gold or silver. ... To deal with the crisis, Van Buren proposed the establishment of an independent U.S. treasury.

Hope this helps

Two months into the presidency of Martin Van Buren, on May 10, 1837, some state banks in New York, running out of hard currency reserves, suddenly refused to convert paper money into gold or silver. To deal with the crisis, Van Buren proposed the establishment of an independent U.S. treasury.

it further strained relations between the north and the south and convinced

i think u are supposed to write a long-essay answers to the long-essay questions