They strengthen the chain of dependence throughout the Union, subject all parts more certainly to common disaster, and bind every bank more effectually in the first instance to those of our commercial cities, and in the end to a foreign power.
Martin Van Buren: “They strengthen the chain of dependence throughout the Union, subject all parts more certainly to common disaster, and…”
Editor's note · Context
Van Buren discusses how financial dependencies can lead to widespread economic vulnerabilities.
Share
More from Martin Van Buren
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
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.
The report of the Secretary of War herewith and the accompanying documents are respectfully submitted in reply to the resolution of the Senate of June 30, 1840, calling for information in relation to the number of soldiers enlisted in the…
It is submitted to Congress whether authority shall be given to the Mint to strike off copies of those medals, in bronze or other metal, to supply those persons making application for them, at a cost not to exceed the actual expense of…





