On the record
By preventing the extension of the credit system it measurably cut off the means of speculation and retarded its progress in monopolizing the most valuable of the public lands.
Source
gutenberg.orgAndrew Jackson: “By preventing the extension of the credit system it measurably cut off the means of speculation and retarded its…”
Editor's note · Context
Jackson argues that limiting credit helped prevent speculation in public lands.
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The paper money system of this country may be used as an engine to undermine your free institutions.
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