On Replacing Gold and Silver with Paper Money

"That a system had there [the Treasury Department] been contrived, for deluging the states with paper money instead of gold & silver, for withdrawing our citizens from the pursuits of commerce, manufactures, buildings, & other branches of useful industry, to occupy themselves & their capitals in a species of gambling, destructive of morality, & which had introduced it's poison into the government itself."

Jefferson quote source: The Anas. 1791-1806: Conversations with the President.