On the record
By far the strongest objection to a National bank, however, was that it was a monopoly inconsistent with free institutions.
Source
gutenberg.orgBy far the strongest objection to a National bank, however, was that it was a monopoly inconsistent with free institutions.
This statement critiques the establishment of a National bank as a threat to free institutions due to its monopolistic nature.
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The existing American system was a very masterpiece of weakness.
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