Political Quotes

Andrew Jackson: “With us bank issues constitute such a currency, and must ever do so until they are made dependent on those just…”

On the record
With us bank issues constitute such a currency, and must ever do so until they are made dependent on those just proportions of gold and silver as a circulating medium which experience has proved to be necessary not only in this but in all other commercial countries.
Said by
Andrew Jackson
Democratic · Tennessee

Editor's note · Context

Jackson argues that bank issues must be tied to gold and silver to ensure a stable currency.

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