MEMORABLE
QUOTATION
"I
believe that banking institutions are more dangerous to our liberties
than standing armies.
If the American people ever allow private banks to control the issue
of their money, first by inflation and then by deflation, the banks
and corporations that will grow up around them, will deprive the people
of their property until their children will wake up homeless on the
continent their fathers conquered.
The issuing power should be taken from the banks
and restored to the people, to whom it properly belongs."
THOMAS JEFFERSON
in a letter to Secretary of the Treasury
Albert Gallatin (1802)