University of Virginia Library

712. BANKS, Jefferson's disapprobation of Paper.—

My original disapprobation of banks circulating paper is not unknown,
nor have I since observed any effects either on
the morals or fortunes of our citizens, which
are any counter balance for the public evils
produced.—
To J. W. Eppes. Washington ed. vi, 203. Ford ed., ix, 402.
(P.F.,,
Sep. 1813)