It is only by retrenchment and reform--by curtailing public and private expenditures, by paying our debts, and by reforming our banking system--that we are to expect effectual relief, security for the future, and an enduring prosperity.
Martin Van Buren: “It is only by retrenchment and reform--by curtailing public and private expenditures, by paying our debts, and by…”
Editor's note · Context
He outlines a comprehensive approach to achieving lasting economic relief and prosperity.
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I transmit to the House of Representatives, in compliance with their resolution of the 30th January last, a report from the Secretary of State, with accompanying documents.
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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.





