Extract from Thomas Jefferson to Joseph Milligan

the nation, and especially the wealthier portion of it which is in possession of our legislature the function of legislation, is unfortunately in willing bondage to the snares & seductions of this the painted harlot of banking bubbles and there can be no remedy but by setting their minds to rights on this subject. nothing less could induce them to continue nothing else can rescue them from the delusion which leads them to encorge encorage the application of the our monied capital to usury rather than to the industrious useful arts, manufactures and agriculture agriculture and that sort of industry which creates and adds something to the wealth of our country.

Dft (DLC).
Author
Thomas Jefferson
Recipient
Joseph Milligan
Date Range
Date
April 13, 1819
Collection
Quotes by and about Thomas Jefferson