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Joel Smith Bacon was President of Columbian College from 1843 to 1854. Martin Van Buren's first term as President of the United States had been severely damaged by the financial panic of 1837, and he failed in his 1840 bid for re-election. The new President, William Henry Harrison, had garnered some of his public appeal by portraying himself as a humble farmer (in reality, he was the wealthy owner of 2,000 acres of land). encyclopedia.gwu.edu

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