"We were laboring under a dropsical fulness of circulating medium. Nearly all of it is now called in by the banks, who have the regulation of the safety-valves of our fortunes, and who condense and explode them at their will. Lands in this State cannot now be sold for a year’s rent; and unless our Legislature have wisdom enough to effect a remedy by a gradual diminution only of the medium, there will be a general revolution of property in this state."
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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
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Thomas Jefferson
1743 – 1826
US-amerikanischer Politiker und der dritte Präsident der Vereinigten Staaten (1801–1809).
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