The constitutional objections which I am well known to entertain would prevent me in any event from proposing or assenting to that remedy; but in addition to this, I can not after past experience bring myself to think that it can any longer be extensively regarded as effective for such a purpose.
Martin Van Buren: “The constitutional objections which I am well known to entertain would prevent me in any event from proposing or…”
Editor's note · Context
Van Buren expresses his constitutional objections to a national bank and doubts its effectiveness based on past experiences.
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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.
In compliance with the resolution of the Senate of the 30th December, 1839.
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