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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6332. PANICS, Evils of.— |
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6332. PANICS, Evils of.—
Buildings and
other improvements are suspended. Workmen
turned adrift. Country produce is not to be
sold at any price; because even substantial
merchants, who never meddled with paper, cannot
tell how many of their debtors have meddled
and may fail; consequently they are afraid
to make any new money arrangements till they
shall know how they stand.—
To T. M. Randolph.
Ford ed., v, 509.
(Pa.,
April. 1792)
668
| The Jeffersonian cyclopedia; | |