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.

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Quote text and notes from Wikiquote: Thomas Jefferson (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.