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Quote by Salmon P. Chase

“My agency in promoting the passage of the National Bank Act was the greatest financial mistake of my life. It has built up a monopoly, which affects every interest in the country. It should be repealed, but before that can be accomplished, the people will be arrayed on one side and the banks on the other, in a contest such as we have never before seen in this country.”

Quote by Salmon P. Chase

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Salmon P. Chase
Salmon P. Chase

Salmon P. Chase was a distinguished American statesman and lawyer who served as the 6th Chief Justice of the United States and as the 15th Secretary of the Treasury under President Abraham Lincoln. A leading figure in the Civil War, he was instrumental in the establishment of the National Banking System. He was a U.S. Senator from Ohio and a prominent advocate for the Union cause. more

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