Publisher's Synopsis
Excerpt from The Currency Question: Some Strictures on the Pamphlet of James Gallatin, Esq.; A Series of Articles Originally Published in the Evening Post and Journal of Commerce
The disadvantage, however, resulting from the long-con tinned expulsion of the precious metals from the United States, due of late chie?y to those State banks which the writer of the pamphlet represents, was one of the controlling facts which the financial officer of the government had to take into view in considering how the necessary means should be raised. In deed, the want of the precious metals here in sufficient. Abun dance, and the jealous feeling of other powers, left him noalternative but to devise a financial system of our own, and independently in part of the precious metals, keeping con stantl y in view the truth that any system of finance was wholly inferior in importance to the great object of our national pre servation.
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