Political Quotes

Andrew Jackson: “On the establishment of a national bank it became the interest of its creditors that gold should be superseded by the…”

On the record
On the establishment of a national bank it became the interest of its creditors that gold should be superseded by the paper of the bank as a general currency.
Said by
Andrew Jackson
Democratic · Tennessee

Editor's note · Context

Jackson discusses the impact of the national bank on the currency system, favoring paper over gold.

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