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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702. BANKS, Excess of.— |
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702. BANKS, Excess of.—
That we are
overdone with banking institutions, which
have banished the precious metals, and substituted
a more fluctuating and unsafe medium,
that these have withdrawn capital from
useful improvements and employments to
nourish idleness * * * are evils more
easily to be deplored than remedied.—
To Abbe Salimankis. Washington ed. v, 516.
(M.
1810)
| The Jeffersonian cyclopedia; | |