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Richardson, James D. (James Daniel), 1843-1914

"Volume 3, part 1: Andrew Jackson (Second Term)"


It is the high and peculiar duty of Congress to decide whether any
further legislation be necessary for the security of the large amount of
public property now held and in use by the new bank, and for vindicating
the rights of the Government and compelling a speedy and honest
settlement with all the creditors of the old bank, public and private,
or whether the subject shall be left to the power now possessed by the
Executive and judiciary. It remains to be seen whether the persons
who as managers of the old bank undertook to control the Government,
retained the public dividends, shut their doors upon a committee of
the House of Representatives, and filled the country with panic to
accomplish their own sinister objects may now as managers of a new bank
continue with impunity to flood the country with a spurious currency,
use the seven millions of Government stock for their own profit, and
refuse to the United States all information as to the present condition
of their own property and the prospect of recovering it into their
own possession.
The lessons taught by the Bank of the United States can not well be lost
upon the American people.


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