"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.
Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts
Sunday
On Replacing Gold and Silver with Paper Money
Power gets wealth, wealth gets power
"The public money and public liberty, intended to have been deposited with three branches of magistracy, but found inadvertently to be in the hands of one only, will soon be discovered to be sources of wealth and dominion to those who hold them; distinguished too by this tempting circumstance, that they are the instrument, as well as the object of acquisition. With the money we will get men, said Caesar, and with men we will get money."(Emphasis added to Jefferson quote by Double Birds)
Jefferson quote source: Notes on the State of Virginia, Query XIII
Subscribe to:
Posts (Atom)