The mischief springs from the power which the monied interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining..and unless you become more watchful in your states and check this spirit of monopoly and thirst for exclusive privileges you will in the end find that the most important powers of government have been given or bartered away…. Andrew Jackson
About This Quote

Alexander Hamilton, in Federalist Paper No. 6, said that the creation of a national bank is necessary for the United States to maintain their currency. He suggested that the creation of a national bank would be one of the most powerful tools in keeping inflation low and stable. Hamilton spoke of the creation of a national bank, which would provide an institution with power over the money supply.

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More Quotes By Andrew Jackson
  1. It is a damn poor mind that can think of only one way to spell a word.
  2. The mischief springs from the power which the monied interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining..and unless you become more watchful in your states and check...
  3. One man with courage makes a majority.
  4. I have always been afraid of banks.
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