The history of the late national bank, through all its mutations, shows that it was not so.
Martin Van Buren: “The history of the late national bank, through all its mutations, shows that it was not so.”
Editor's note · Context
Van Buren reflects on the historical failures of the national bank and its impact on the banking system.
Share
More from Martin Van Buren
I transmit herewith, in reply to the resolution of the Senate of the 11th March last, a report from the Secretary of War
Our safest reliance for financial efficiency and independence has, on the contrary, been found to consist in ample resources unencumbered with debt...
I think proper to communicate to the House of Representatives, in further answer to their resolution of the 21st ultimo, the correspondence which has since occurred between the Secretary of State and the British minister on the same…
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.





