Political Quotes

Martin Van Buren: “Seldom is any bank, under the existing system and practice, able to meet on demand all its liabilities for deposits and…”

On the record
Seldom is any bank, under the existing system and practice, able to meet on demand all its liabilities for deposits and notes in circulation.
Said by
Martin Van Buren
Democratic · New York

Editor's note · Context

Van Buren critiques the banking system's inability to meet its obligations under current practices.

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