Political Quotes

Andrew Jackson: “The possession and use of the property out of which this surplus was created belonged to the people, but the Government…”

On the record
The possession and use of the property out of which this surplus was created belonged to the people, but the Government has transferred its possession to incorporated banks, whose interest and effort it is to make large profits out of its use.
Said by
Andrew Jackson
Democratic · Tennessee

Editor's note · Context

Jackson argues that the government has wrongfully transferred public funds to banks, which profit from the people's property.

Share

More from Andrew Jackson

Mar 3, 1837

The power, however, is in your hands, and the remedy must and will be applied if you determine upon it.

presidency.ucsb.edu
Mar 3, 1837

There is too much at stake to allow pride or passion to influence your decision.

presidency.ucsb.edu
Mar 3, 1837

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

presidency.ucsb.edu
Mar 3, 1837

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

presidency.ucsb.edu

Other voices in this conversation