Put down all banks, admit none but a metallic circulation that will take its proper level with the like circulation in other countries, and then our manufacturers may work in fair competition with those of other countries, and the import duties which the government may lay for the purposes of revenue will so far place them above equal competition.


Letter to Charles Pinckney (1820) ME 15:280. - Posthumous publications - On financial matters

Thomas Jefferson Quotes

Put down all banks, admit none but a metallic circulation that will take its proper level with the like circulation in other countries, and then our...

Put down all banks, admit none but a metallic circulation that will take its proper level with the like circulation in other countries, and then our...

Put down all banks, admit none but a metallic circulation that will take its proper level with the like circulation in other countries, and then our...

Put down all banks, admit none but a metallic circulation that will take its proper level with the like circulation in other countries, and then our...