University of Virginia Library

7043. PROPERTY, Paper money and.—

That paper money has some advantages, is
admitted. But that its abuses also are inevitable,
and, by breaking up the measure of
value, makes a lottery of all private property,
cannot be denied.—
To Dr. Josephus B. Stuart. Washington ed. vii, 65.
(M. May. 1817)
See Banks and Paper Money.