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Quote#Politics & Power

It has always been denied by the republican party in this country,…

Quote byThomas Jefferson · 1743–1826

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Post-Presidency (1809), Letter to Dr. Maese (1809) ME 12:231 : The Writings of Thomas Jefferson "Memorial Edition" (20 Vols., 1903-04) edited by Andrew A. Lipscomb and Albert Ellery Bergh, Vol. 12, p. 231; also quoted at "Thomas Jefferson on Politics & Government : Money & Banking" at University of .

English (original)

It has always been denied by the republican party in this country, that the Constitution had given the power of incorporation to Congress. On the establishment of the Bank of the United States, this was the great ground on which that establishment was combated; and the party prevailing supported it only on the argument of its being an incident to the power given them for raising money.

— Thomas Jefferson

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