Andrew Jackson: “There would be no surplus to cramp and lessen the resources of…”

On the record

There would be no surplus to cramp and lessen the resources of individual wealth and enterprise, and the banks would be left to their ordinary means.

Said by

Democratic · Tennessee

Source

Jackson argues that eliminating surplus would free up resources for individual wealth and enterprise.

More from Andrew Jackson

Mar 3, 1837

Mutual suspicions and reproaches may in time create mutual hostility.

Mar 3, 1837

In your hands is rightfully placed the sovereignty of the country.

Mar 3, 1837

The duty of every government [is so] to regulate its currency as to protect this numerous class.

Mar 3, 1837

The paper money system of this country may be used as an engine to undermine your free institutions.

Other voices in this conversation

Andrew Jackson: “There would be no surplus to cramp and lessen the resources of individual wealth and enterprise, and the banks would be…”