On the record
To retain it in the Treasury unemployed in any way is impracticable; it is, besides, against the genius of our free institutions to lock up in vaults the treasure of the nation.
Source
gutenberg.orgAndrew Jackson: “To retain it in the Treasury unemployed in any way is impracticable; it is, besides, against the genius of our free…”
Editor's note · Context
Jackson argues against hoarding national wealth, advocating for its use in accordance with democratic principles.
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Mar 3, 1837
The paper money system of this country may be used as an engine to undermine your free institutions.
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It is impossible that any government can continue to exist upon any other principles.
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There is too much at stake to allow pride or passion to influence your decision.
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The duty of every government [is so] to regulate its currency as to protect this numerous class.
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