Holocaust Handbooks

Hot Links

american free press

Tell A Friend

Tell someone you know about this product.

Subscribers to The Barnes Review receive a 10% discount on all book and video purchases placed over the phone. Call us toll-free at 1-877-773-9077 (or ++1-951-587-6936 from abroad) to place your order charged to your Visa, Master, AmEx or Discover Card. If shopping online, please leave a note in the box "Special Instructions or Comments About Your Order" on checkout page 2 (Delivery Information), and we will give you a 10% credit for your next purchase with us. (For security reasons we do not store any information about our subscribers on our server, so this discount service cannot be calculated automatically.)

No subscriber yet?
Click here to subscribe.

Why Thomas Jefferson Opposed the Creation of a Central Bank


Why Thomas Jefferson Opposed the Creation of a Central Bank

By Thomas Jefferson

A Founding Father’s Opinion Concerning the Constitutionality of a Federal Bank, 1791

Though it is common to discuss Andrew Jackson’s opinion about a national bank, it is far less common to hear Thomas Jefferson’s version of things. Here, Jefferson lays out, systematically, his views on finance and the nature of a bank. The existence of the Federal Reserve in contemporary times simply shows how far the present regime is from the mind of the Founding Fathers.

The bill for establishing a national bank undertakes among other things: 1.) To form the subscribers into a corporation; 2.) To enable them in their corporate capacities to receive grants of land; and so far is against the laws of mortmain;1 3.) To make alien subscribers capable of holding lands, and so far is against the laws of alienage; 4.) To transmit these lands, on the death of a proprietor, to a certain line of successors; and so far changes the course of descents; 5.) To put the lands out of the reach of forfeiture or escheat, and so far is against the laws of forfeiture and escheat; 6.) To transmit personal chattels to successors in a certain line and so far is against the laws of distribution; 7.) To give them the sole and exclusive right of banking under the national authority; and so far is against the laws of monopoly; 8.) To communicate to them a power to make laws paramount to the laws of the States; for so they must be construed, to protect the institution from the control of the State legislatures, and so, probably, they will be construed. [Read the entire article as PDF…]

This product was added to our catalog on Friday 10 June, 2011.

Problems with this site? Please contact our Webmaster via Contact Us