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 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
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.
They may be redeemed out of the accruing revenue if the expenditures do not exceed the amount within which they may, it is thought, be kept without prejudice to the public interest.
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