TJ on money and banking

"No one has a natural right to the trade of a money lender, but he who has the money to lend. Let those then among us who have a moneyed capital and who prefer employing it in loans rather than otherwise, set up banks and give cash or national bills for the notes they discount. Perhaps, to encourage them, a larger interest than is legal in the other cases might be allowed them, on the condition of their lending for short periods only." --Thomas Jefferson to John W. Eppes, 1813. ME 13:277

http://famguardian.org/Subjects/Politics/thomasjefferson/jeff1325.htm

http://famguardian.org/Subjects/MoneyBanking/MoneyBanking.htm#INTRODUCTION: