It aggravated the disasters of trade and the derangements of commercial intercourse, and administered new excitements and additional means to wild and reckless speculations, the disappointment of which threw the country into convulsions of panic, and all but produced violence and bloodshed.
He describes how the connection between government and banks exacerbated economic crises and led to societal panic.
Share
More from Martin Van Buren
I herewith transmit to the House of Representatives a report, with accompanying papers, from the Secretary of State, in answer to the resolution of the House of the 16th of December last.
The report of the Secretary of War herewith and the accompanying documents are respectfully submitted in reply to the resolution of the Senate of June 30, 1840, calling for information in relation to the number of soldiers enlisted in the…
I transmit a report of the Secretary of State, containing the information asked for by the resolution of the Senate of the 5th instant, relative to the negroes taken on board the schooner Amistad.
It is submitted to Congress whether authority shall be given to the Mint to strike off copies of those medals, in bronze or other metal, to supply those persons making application for them, at a cost not to exceed the actual expense of…
Other voices in this conversation
