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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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724. BANKS, Monopoly.—
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724. BANKS, Monopoly.—

The monopoly
of a single bank is certainly an evil. The
multiplication of them was intended to cure
it; but it multiplied an influence of the same
character with the first, and completed the
supplanting of the precious metals by a paper
circulation. Between such parties the less we
meddle the better.—
To Albert Gallatin. Washington ed. iv, 446. Ford ed., viii, 158.
(W. 1802)