The suspension of specie payments in 1837 by the banks having the custody of the public money showed in so alarming a degree our dependence on those institutions for the performance of duties required by law that I then recommended the entire dissolution of that connection.
Van Buren reflects on the risks posed by banks' suspension of specie payments and advocates for severing ties with them.
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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
In compliance with the resolution of the Senate of the 30th December, 1839.
It is understood that their respective examinations will throw new light upon the subject in controversy...
I communicate to the Senate sundry papers, in further answer to its resolution of the 30th of December, 1839, which have been received from the governor of Florida since the adjournment of the last session of Congress.
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