The Jeffersonian cyclopedia; a comprehensive collection of the views of Thomas Jefferson classified and arranged in alphabetical order under nine thousand titles relating to government, politics, law, education, political economy, finance, science, art, literature, religious freedom, morals, etc.; |
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 | The Jeffersonian cyclopedia; |  |
700. BANKS, Evils of.—[further continued].
I see that this infatuation
of banks must take its course, until actual ruin
shall awaken us from its delusions. Until the
gigantic banking propositions of this winter
had made their appearance in the different
Legislatures. I had hoped that the evil might
still be checked; but I see now that it is desperate,
and that we must fold our arms and
go to the bottom with the ship.—
To Joseph C. Cabell. Washington ed. vi, 300.
(M.
Jan. 1814)
| The Jeffersonian cyclopedia; | |