Whether this Government, with due regard to the rights of the States, has any power to constrain the banks either to resume specie payments or to force them into liquidation, is an inquiry which will not fail to claim your consideration.
John Tyler: “Whether this Government, with due regard to the rights of the States, has any power to constrain the banks either to…”
Editor's note · Context
He raises a question about the government's power to regulate banks regarding specie payments.
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