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" There is danger that a president and directors would then be able to elect themselves from year to year, and without responsibility or control manage the whole concerns of the bank during the existence of its charter. "
Annual Messages, Veto Messages, Protests, &c - Seite 235
von Andrew Jackson - 1835 - 272 Seiten
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Financial Institutions Act, 1973: Hearings Before the Subcommittee on ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions - 1974 - 1122 Seiten
...and support, and, as a necessary consequence, almost a monopoly of the foreign and domestic exchange. It is easy to conceive that great evils to our country...a concentration of power in the hands of a few men . . Should its influence become concentered . . . will there not be cause to tremble for the purity...
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Financial Institutions Act--1973, Hearings Before the Subcommittee on ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - 1974 - 1324 Seiten
...and support, and, as a necessary consequence, almost a monopoly of the foreign and domestic exchange. It is easy to conceive that great evils to our country...a concentration of power in the hands of a few men . Should its influence become concentered . . . will there not be cause to tremble for the purity of...
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Law and Economic Policy in America: The Evolution of the Sherman Antitrust Act

William Letwin - 1981 - 320 Seiten
...bill renewing the Bank's charter, emphasized the "great evils to our country and institutions [that] might flow from such a concentration of power in the hands of a few men irresponsible to the people." ' Amos Kendall, who as a member of Jackson's Kitchen Cabinet wrote the first draft of the veto message,'...
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Power and Policy in Quest of the Law: Essays in Honor of Eugene Victor Rostow

Myres S Mac Dougal, William Michael Reisman - 1985 - 490 Seiten
...bill renewing the Bank's charter, emphasized the "great evils to our country and institutions [that] might flow from such a concentration of power in the hands of a few men irresponsible to the people." Amos Kendall, who as a member of Jackson's Kitchen Cabinet wrote the first draft of the veto message,...
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Henry Clay: Statesman for the Union

Robert Vincent Remini - 1991 - 884 Seiten
...control of the institution rested in the hands of the wealthy. "It is easy to conceive," wrote Jackson, "that great evils to our country and its institutions...the hands of a few men irresponsible to the people." Not only did the President "vilify" the Bank and its practices, but he repeatedly asserted presidential...
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Impact of Bank Reform Proposals on Consumers: Hearing Before the ..., Band 4

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage - 1991 - 612 Seiten
...people'.' The Second Bank was particularly threatening, in Jackson's view, because it made possible a "concentration of power in the hands of a few men irresponsible to the people."' Following the demise of the Second Bank of the United States in 1836, the federal government did not...
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Current Legal Issues Affecting Central Banks, Volume III.: Volume III.

Mr.Robert C. Effros - 1995 - 686 Seiten
...Andrew Jackson, fueled by popular support, vetoed the bill. In so doing, Jackson deplored, in his words, "such a concentration of power in the hands of a few men irresponsible to the people."3 Jackson's characterization was compelling because it was largely true. Both the first and...
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The Mild Voice of Reason: Deliberative Democracy and American National ...

Joseph M. Bessette - 1994 - 316 Seiten
...Message as threatening "great evils to our country and its institutions" from the "concentration of power in the hands of a few men irresponsible to the people." "It is to be regretted," Jackson wrote, "that the rich and powerful too often bend the acts of government...
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Party Ideologies in America, 1828-1996

John Gerring - 2001 - 354 Seiten
...States, he argued, was unjust because of the "great evils to our country and its institutions [that] might flow from such a concentration of power in the hands of a few men irresponsible to the people." 53 In truth, the party's attacks against predatory monopolies seemed to be motivated more by worries...
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American Literature and the Culture of Reprinting, 1834-1853

Meredith L. McGill - 2003 - 380 Seiten
...a system that relied on the dispersal of assets (and liabilities) to counter the "concentration of power in the hands of a few men irresponsible to the people." 39 Brother Jonathan's parody banknote returns us to a set of questions that are raised, if not explicidy...
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