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.
John Tyler: “That interest consists in the augmentation of profits in the form of dividends, and a large surplus revenue intrusted to…”
Editor's note · Context
Tyler expresses concern that large amounts of surplus revenue can lead to irresponsible lending practices by banks.
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