Political Quotes

Andrew Jackson: “The great desideratum in modern times is an efficient check upon the power of banks, preventing that excessive issue of…”

On the record
The great desideratum in modern times is an efficient check upon the power of banks, preventing that excessive issue of paper whence arise those fluctuations in the standard of value which render uncertain the rewards of labor.
Said by
Andrew Jackson
Democratic · Tennessee

Editor's note · Context

Jackson emphasizes the need for a check on bank power to stabilize the economy and protect labor.

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