A Quote by Thomas Jefferson

Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs.

Thomas Jefferson

Quote Topics

Bank Belongs Medium Must Nation Paper Restored Suppressed Whom

Quote Author

Thomas Jefferson
American - President
April 13, 1743 - July 4, 1826

For it is not light that is needed, but fire; it is not the gentle shower, but thunder. We need the storm, the whirlwind, and the earthquake. The feeling in the nation must be quickened, the conscience of the nation must be roused, the propriety of the nation must be startled, the hypocrisy of the nation must be exposed: and its crimes against God and man must be denounced.

Frederick Douglass

The issuing power [of money] should be taken from the banks and restored to the people, to whom it properly belongs.

Thomas Jefferson

All those who, since Adam Smith, have turned their attention to Political Economy, agree that in reality we do not buy articles of consumption with money, the circulating medium with which we pay for them. We must in the first instance have bought this money itself by the sale of our produce.

Jean-Baptiste Say

The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced. If the nation doesn't want to go bankrupt, people must again learn to work, instead of living on public assistance.

Taylor Caldwell

The nation did not begin to realize the extraordinary possibilities of the vast Western territory until its attention was thus suddenly and definitely concentrated on the Pacific by the annual addition of over fifty million dollars to the circulating medium.

John Moody

Our nation must engage with the rest of the world. But to be successful, we must listen. Our interaction with the world must be a conversation, not a monologue... these exchanges are a strategic pillar of our nation's public diplomacy.

Dina Powell

In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain the same quantity of circulating medium which it before possessed.

David Ricardo

The amount of sophistication varies according to the quality of the medium, and to the state of the same medium at different times; it must be attributed in the best cases physiologically to the medium, intellectually to the control.

Oliver Joseph Lodge

The bread which you hold back belongs to the hungry; the coat, which you guard in your locked storage-chests, belongs to the naked; the footwear mouldering in your closet belongs to those without shoes. The silver that you keep hidden in a safe place belongs to the one in need. Thus, however many are those whom you could have provided for, so many are those whom you wrong.

Saint Basil

We must dissent from the indifference. We must dissent from the apathy. We must dissent from the fear, the hatred and the mistrust. We must dissent from a nation that has buried its head in the sand, waiting in vain for the needs of its poor, its elderly, and its sick to disappear and just blow away. We must dissent from a government that has left its young without jobs, education or hope. We must dissent from the poverty of vision and the absence of moral leadership. We must dissent because America can do better, because America has no choice but to do better.

Thurgood Marshall

Society established gold and silver as a circulating medium and as a legal tender in order that exchanges of commodities might be facilitated; but society blundered in so doing; for, by this very act, it gave to a certain class of men the power of saying what exchanges shall, and what exchanges shall not, be facilitated by means of this very circulating medium. The monopolizers of othe precious metals have an undue power over the community: they can say whether money shall, or shall not, be permitted to exercise its legitimate functions.

William Batchelder Greene

A government cannot be expected to allow independence to its central bank unless that bank is also accountable to it and to the wider public. That is, the central bank must be able to be judged on whether or not it has achieved its agreed objective.

Ian Macfarlane

I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.

Thomas Jefferson

So great are the psychological resistances to war in modern nations, that every war must appear to be a war of defence against a menacing, murderous aggressor. There must be no ambiguity about whom the public is to hate. Guilt and guilelessness must be assessed geographically and all the guilt must be on the other side of the frontier.

Harold Lasswell

It is not difficult to deprive the great majority of independent thought. But the minority who will retain an inclination to criticize must also be silenced....Public criticism or even expressions of doubt must be suppressed because they tend to weaken pubic support....When the doubt or fear expressed concerns not the success of a particular enterprise but of the whole social plan, it must be treated even more as sabotage.