Jefferson, Thomas, 1743-1826 to Thomas Law

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GLC#
GLC06478
Type
Letters
Date
6 November 1813
Author/Creator
Jefferson, Thomas, 1743-1826
Title
to Thomas Law
Place Written
Charlottesville, Virginia
Pagination
1 p. : free frank Height: 25 cm, Width: 20.2 cm
Primary time period
The New Nation, 1783-1815
Sub-Era
The Age of Jefferson & Madison

Response to a letter and memorial from Maryland and District of Columbia attorney Law, a supporter of monetary reform. Supports Law's proposal for the issuance of treasury notes bearing interest. These "would soon be withdrawn from the circulation and locked up in vaults and private hoards. I would put it in the power of every man to lend his 100 or 1000D." Opposes a national bank because "Congress has not that power, (altho' I sincerely wish they had it exclusively)." With incomplete address leaf on verso.

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