PETER SCHIFF

PETER SCHIFF

Sunday, October 31, 2010

Thomas Jefferson in 1798 in a letter to John Taylor

"I wish it were possible to obtain a single amendment to our
Constitution. I would be willing to depend on that alone for the
reduction of the administration of our government to the genuine
principles of its Constitution; I mean an additional article, taking
from the federal government the power of borrowing. I now deny
their power of making paper money or anything else a legal
tender. I know that to pay all proper expenses within the year,
would, in case of war, be hard on us. But not so hard as ten wars
instead of one. For wars would be reduced in that proportion."


Thomas Jefferson in 1798 in a letter to John Taylor

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