The State legislatures should be immediately urged to relinquish the right of establishing banks of discount. Most of them will comply, on patriotic principles, under the convictions of the moment; and the non-complying may be crowded into concurrence by legitimate devices.


Letter to Thomas Cooper, 1814. ME 14:190. - Posthumous publications - On financial matters

Thomas Jefferson Quotes

The State legislatures should be immediately urged to relinquish the right of establishing banks of discount. Most of them will comply, on patriotic...

The State legislatures should be immediately urged to relinquish the right of establishing banks of discount. Most of them will comply, on patriotic...

The State legislatures should be immediately urged to relinquish the right of establishing banks of discount. Most of them will comply, on patriotic...

The State legislatures should be immediately urged to relinquish the right of establishing banks of discount. Most of them will comply, on patriotic...