By such creations we do, therefore, but increase the mass of paper credit and paper currency, without checking their attendant evils and fluctuations.
Martin Van Buren: “By such creations we do, therefore, but increase the mass of paper credit and paper currency, without checking their…”
Editor's note · Context
Van Buren critiques the creation of paper currency as a means to address economic issues without solving the underlying problems.
Share
More from Martin Van Buren
It is by adopting and carrying out these principles under circumstances the most arduous and discouraging that the attempt has been made, thus far successfully, to demonstrate to the people of the United States that a national bank at all…
I transmit herewith, in reply to the resolution of the Senate of the 11th March last, a report from the Secretary of War
I transmit the accompanying report from the Secretary of State, in relation to the resolution of the House of Representatives of the 12th ultimo, on the subject of claims of citizens of the United States on the Government of Hayti.





