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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730. BANKS, Power to establish.—[further continued]. |
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 | The Jeffersonian cyclopedia; |  |
730. BANKS, Power to establish.—[further continued].
I do not remember the
conversation between us which you mention
* * * on your proposition to vest in Congress
the exclusive power of establishing
banks. My opposition to it must have been
grounded, not on taking the power from the
States, but on leaving any vestige of it in ex
istence, even in the hands of Congress, because
it would only have been a change of
the organ of abuse.—
To John Adams. Washington ed. vi, 305.
(M.
Jan. 1814)
| The Jeffersonian cyclopedia; | |