Political Quotes

Martin Van Buren: Large appropriations and oppressive taxes are the natural consequences of such a connection, since they increase the…

On the record
Large appropriations and oppressive taxes are the natural consequences of such a connection, since they increase the profits of those who are allowed to use the public funds, and make it their interest that money should be accumulated and expenditures multiplied.
Said by
Martin Van Buren
Democratic · New York

Editor's note · Context

He warns that large appropriations and heavy taxes result from the connection between government and banks, benefiting a few at the public's expense.

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Dec 9, 1840

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