Unnamed 19th Century Banking Debate on Treasury Bank Plan
Senator Clay denounces Van Buren administration for seeking a government bank. He argues the treasury's broad transfer power and drafts threaten state banks and free institutions, warning of a vast, centralized banking system controlled by the Treasury. He cites specie payments, public revenue, and the danger to paper currency amid ongoing bank conflicts.
MENTIONED IN THIS ARTICLE
Buren
Congress
Onc
Ubt
van Buren
Missouri
Linn
Issippi
Walker
Ima
King
Senatof
Madison
Gaynent
Treasury
Treasury Bank
Senate
Tenn
Mr Grundy
U. States
United States
Nashville
Washington
Grundy
Clay
Levi Woodbury
New York
Wright
Tennessee
U.S
Bank of the United States
Treasury Department
U. S
Jefferson
Committee On Finance
Secretary of the Treasury
District of Columbia
Philadelphia
New Orleans
Iim
Allis
Gallatin
Mr C
Government
iGovernment Bank
du Ting
N. York
Bank
St. Louis
Also Mentioned on This Page
C. A. Preston
O. Jexley
MR. Clay