That interest consists in the augmentation of profits in the form of dividends, and a large surplus revenue intrusted to their custody is but too apt to lead to excessive loans and to extravagantly large issues of paper.
Tyler expresses concern that large amounts of surplus revenue can lead to irresponsible lending practices by banks.
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More from John Tyler
In answer to the resolution of the Senate of the 2d ultimo, calling for information in reference to the indemnities stipulated to be paid pursuant to the convention between the United States and the Mexican Republic of the 30th of January…
I did not consider the irregularities into which the surveyor-general had fallen as of sufficient magnitude to induce his dismissal from office at the time that the papers reached me
I congratulate the country upon so happy a termination of a condition of things which seemed at one time seriously to threaten the public peace.
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