On the record
A value was soon attached to the gold coins which made their exportation to foreign countries as a mercantile commodity more profitable than their retention and use at home as money.
Source
gutenberg.orgAndrew Jackson: “A value was soon attached to the gold coins which made their exportation to foreign countries as a mercantile commodity…”
Editor's note · Context
Jackson notes the economic incentive for exporting gold coins rather than using them domestically as currency.
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.
Mar 3, 1837
There is too much at stake to allow pride or passion to influence your decision.
Other voices in this conversation
