Andrew Jackson: “The effects of an extension of bank credits and over-issues of bank…”

On the record

The effects of an extension of bank credits and over-issues of bank paper have been strikingly illustrated in the sales of the public lands.

Said by

Democratic · Tennessee

Source

Jackson highlights the negative effects of bank credit expansion on public land sales.

More from Andrew Jackson

Mar 3, 1837

There is too much at stake to allow pride or passion to influence your decision.

Mar 3, 1837

Mutual suspicions and reproaches may in time create mutual hostility.

Mar 3, 1837

If we turn to our relations with foreign powers, we find our condition equally gratifying.

Mar 3, 1837

The power, however, is in your hands, and the remedy must and will be applied if you determine upon it.

Other voices in this conversation

Andrew Jackson: “The effects of an extension of bank credits and over-issues of bank paper have been strikingly illustrated in the sales…”