"It is said that our paper is as good as silver, because we may have silver for it at the bank where it issues. This is not true. One, two, or three persons might have it; but a general application would soon exhaust their vaults, and leave a ruinous proportion of their paper in its intrinsic worthless form."
React to this quote
More by Thomas Jefferson
See allResonant Thoughts
"You act as if the human race had learned nothing, as if everything were possible, as if we could all start on a new phase every day. Or a new wife. It's all the same. You take up a doubting posture. B…"
"Logic is not concerned with human behavior in the same sense that physiology, psychology, and social sciences are concerned with it. These sciences formulate laws or universal statements which have as…"
Explore Further
Related Quotes
"Is not every true Reformer, by the nature of him, a Priest first of all? He appeals to Heaven's invisible j…"
— Thomas Carlyle"May I really say it! All truths are bloody truths to me—take a look at my previous writings."
— Friedrich Nietzsche"Hodgson, a man of steadfast integrity and strong personality, possessed true distinction."
— Ralph Hodgson"In the name of all the competitors I promise that we shall take part in these Olympic Games, respecting and…"
— Pierre de Coubertin"Wherever a man is, there will be a lie."
— Robert Louis Stevenson"I often tell people to make no mistake about it—enlightenment is a destructive process. It has nothing to d…"
— Adyashanti