Quotes About President Jackson

and powerful towards both the people and the state. He reaffirms the basic cause of 'our revolution', No taxation without representation; he insists that government revenue 'be kept under public control' and not be given over to the banks to speculate with; and he endorses President Jackson's saying 'No where so well deposited as in the pants of the people, | Wealth ain't'.

1838: On January 8th President Jackson pays off the final instalment of the national debt, which had been created by allowing the banks to issue currency for government bonds, rather than simply issuing treasury notes without such debt. He becomes the only President to ever pay off the debt.