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    • Jefferson-03-06

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Enclosed I submit to your perusal, what I trust will be deem’d worth the trouble— If after a Year, these Treasury notes (become due), were rec d as Cash in paym t of Subs n to the loan, it would give them full credit & enable Gov t to issue more—The loan would also be obtain’d on more advantageous terms, as these note holders would encrease the number of competitors for the loan— RC ( DLC : TJ...
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...