"That we are overdone with banking institutions which have banished the precious metals and substituted a more fluctuating and unsafe medium, that these have withdrawn capital from useful improvements and employments to nourish idleness, that the wars of the world have swollen our commerce beyond the wholesome limits of exchanging our own productions for our own wants, and that, for the emolument of a small proportion of our society who prefer these demoralizing pursuits to labors useful to the whole, the peace of the whole is endangered and all our present difficulties produced, are evils more easily to be deplored than remedied."
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Presidents of the United StatesUnitarians from the United StatesFounding Fathers of the United States of AmericaUnited States Secretaries of StatePoliticians from Virginia
Original Language: English
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Letter to Abbe Salimankis (1810) ME 12:379 The Writings of Thomas Jefferson "Memorial Edition" (20 Vols., 1903-04) edited by Andrew A. Lipscomb and Albert Ellery Bergh, Vol. 12, p. 379; also quoted at "Thomas Jefferson on Politics & Government: Money & Banking" at University of Virginia
https://en.wikiquote.org/wiki/Thomas_Jefferson
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Thomas Jefferson
1743 – 1826
US-amerikanischer Politiker und der dritte Präsident der Vereinigten Staaten (1801–1809).
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