In compliance with the resolution of the Senate of the 22d December, 1831, calling for certain information in relation to the trade between the United States and the British American colonies, I transmit herewith a report from the Secretary of the Treasury.
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The paper money system of this country may be used as an engine to undermine your free institutions.
There is too much at stake to allow pride or passion to influence your decision.
The power, however, is in your hands, and the remedy must and will be applied if you determine upon it.
It is from within, among yourselves--from cupidity, from corruption, from disappointed ambition and inordinate thirst for power--that factions will be formed and liberty endangered.
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