SHAWORDS

But it will be asked, are we to have no banks? Are merchants and other — Thomas Jefferson

"But it will be asked, are we to have no banks? Are merchants and others to be deprived of the resource of short accommodations, found so convenient? I answer, let us have banks; but let them be such as are alone to be found in any country on earth, except Great Britain. There is not a bank of discount on the continent of Europe (at least there was not one when I was there) which offers anything but cash in exchange for discounted bills."
Thomas Jefferson
Thomas Jefferson
Thomas Jefferson
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Thomas Jefferson was an American Founding Father who served as the second vice president of the United States from 1797 to 1801 and as the third president of the United States from 1801 to 1809. Jefferson was the primary author of the Declaration of Independence. He was a leading proponent of democracy, republicanism, and natural rights, and produced formative documents and decisions at the state,