“It is much to be wished that every discouragement should be thrown in the way of men who undertake to trade without capital.”
–Thomas Jefferson concerning Hamilton’s plans to fund the federal government
“The consumers pay for it in the end, and the debts contracted, and bankruptcies occasioned by such commercial adventurers, bring burden and disgrace on our country”.
–Thomas Jefferson on Hamliton’s desire for the federal government to assume the debts of the states.
Two quotes from Jon Meacham’s Thomas Jefferson The Art of Power that I find relevant today. Maybe a book review will follow. I find it especially relevant to re-visit the founding fathers with their names being spoken often in the media, conversations and other mediums. It’s interesting to note that they didn’t all agree. The republic and constitution were/is an experiment and filled with compromise.Advertisements