On the record
The practice of permitting the public money to be used by its keepers, as here, is believed to be peculiar to this country and to exist scarcely anywhere else.
Source
gutenberg.orgMartin Van Buren: “The practice of permitting the public money to be used by its keepers, as here, is believed to be peculiar to this…”
Editor's note · Context
Van Buren notes that the practice of banks using public money is unique to the United States and raises concerns.
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More from Martin Van Buren
Mar 1, 1841
The information called for the reply is in the course of preparation and will be without doubt communicated at the commencement of the next session of Congress.
Jan 21, 1841
I transmit herewith to the House of Representatives of the United States a report from the Director of the Mint, exhibiting the operations of that institution during the year 1840
Jan 21, 1841
I have to invite the special attention of Congress to that part of the Director's report in relation to the overvaluation given to the gold in foreign coins by the act of Congress of June 28, 1834
Jan 21, 1841
Applications have been frequently made at the Mint for copies of medals voted at different times by Congress to the officers who distinguished themselves in the War of the Revolution and in the last war
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