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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5627. NATIONAL CURRENCY, Circulating medium.—[continued]. |
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 | The Jeffersonian cyclopedia; |  |
5627. NATIONAL CURRENCY, Circulating medium.—[continued].
The government is now
issuing Treasury notes for circulation, bottomed
on solid funds and bearing interest.
The banking confederacy (and the merchants
bound to them by their debts) will endeavor
to crush the credit of these notes; but the
country is eager for them, as something they
can trust to, and as soon as a convenient
quantity of them can get into circulation the
bank notes die.—
To Jean Baptiste Say. Washington ed. vi, 434.
(M.
1815)
| The Jeffersonian cyclopedia; | |