On the record
The experience of another year has confirmed the utter fallacy of the idea that the Bank of the United States was necessary as a fiscal agent of the Government.
Source
gutenberg.orgAndrew Jackson: “The experience of another year has confirmed the utter fallacy of the idea that the Bank of the United States was…”
Editor's note · Context
Jackson declares the Bank of the United States unnecessary for government fiscal operations, citing its inefficacy.
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Mar 3, 1837
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.
Mar 3, 1837
The duty of every government [is so] to regulate its currency as to protect this numerous class.
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