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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4785. LOANS, Power to negotiate.— |
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4785. LOANS, Power to negotiate.—
Though much an enemy to the system of borrowing,
yet I feel strongly the necessity of
preserving the power to borrow. Without
this we might be overwhelmed by another nation,
merely by the force of its credit.—
To the Treasury Commissioners. Washington ed. ii, 353.
(P.
1788)
| The Jeffersonian cyclopedia; | |