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Thomas Law to Thomas Jefferson, 26 November 1813 [document with enclosure]

From: Jefferson Papers | Retirement Series | Volume 6 | Thomas Law to Thomas Jefferson, 26 November 1813 [document with enclosure]

I was favored with your accompaniement to my thoughts on banking & have reason to believe that Treasury notes will be issued to a larger Amount—The Banks here took them as Cash for a subs n to Gov ts Loan, as they were glad to obtain them— The enclosed Pet n is rapidly signing & the Corporation is anxious to have the Bank. in Hamburgh a similar bank pays 150000 Crowns to the State see Adam...
To the Honourable the Senate and House of Representatives of the State of Pennsylvania . MERCHANTS and monied men have obtained Charters for numerous Banks, to facilitate negotiations and to increase profits; but hitherto the Necessitous , who are compelled to borrow small sums for immediate relief, have been left, unregarded, to the mercy of Extortioners. The wife, whose husband lays on the...