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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4780. LOANS, Corruption and.— |
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4780. LOANS, Corruption and.—
[Among] the reasons against [a new loan] is
the apprehension that the [Hamilton] head
of the [Treasury] department means to provide
idle money to be lodged in the banks,
ready for the corruption of the next legislature,
as it is believed the late ones were corrupted,
by gratifying particular members with
vast discounts for objects of speculation.—
Loan Opinion. Washington ed. vii, 636.
Ford ed., vi, 306.
(1793)
| The Jeffersonian cyclopedia; | |