Louisiana, as ceded by France to the United States, is made a part of the United States; its white inhabitants shall be citizens, and stand, as to th… - Thomas Jefferson

It is literally true that the toleration of banks of paper discount costs the United States one-half their war taxes; or, in other words, doubles the expenses of every war. Now think but for a moment, what a change of condition that would be, which should save half our war expenses, require but half the taxes, and enthral us in debt but half the time.

Thomas Jefferson: Writings: Autobiography / Notes on the State of Virginia / Public and Private Papers / Addresses / Letters (1984, Library of America edition; see discussion of sources at . There are numerous one-volume collections; this is perhaps the best place to start.

The State legislatures should be immediately urged to relinquish the right of establishing banks of discount. Most of them will comply, on patriotic principles, under the convictions of the moment; and the non-complying may be crowded into concurrence by legitimate devices.