Thomas Jefferson Quotes
The wealth acquired by speculation and plunder, is fugacious in its nature, and fills society with the spirit of gambling.
This is another example of Jefferson’s bias against economic sectors other than agriculture and husbandry. There is a small American population that sees business, trade, financing, as less desirable an morally suspicious enterprises.
Thomas Jefferson, 1743-1826, 3rd President of the United States (Democratic Republican, VA), Letter to George Washington, 1787
Sourced by: Eigen's Political and Historical Quotations
In 1877 Wasburn was dropped from the List of Ministers by the Unitarian Church. He had become quite atheistic.
In 1811 Calhoun was a freshman congressman. Congress was considering raising 10,000 men to resist the encroachments of Great Britain. The large cost of the enterprise was preventing the measure from passing. Calhoun objected to considering the cost factor at all:
The military had made a mess of the Argentine economy and inflation was rampant. Some Argentines turned their Argentine pesos into dollars betting that the Argentine economic situation would get worse, This run from the peso would make it worse. If Argentina stabilized the peso, speculators in dollars would lose money. The Minister trying to discourage a run from the peso, warned Argentinians against the dollar investment. A days later the dollar went up over 30%. Those who had listened to the minister lost much of their money, He was soon forced to resign by the military dictators who controlled the government.
The sense of the word affair is the general purpose, and Smith was referring to the fact when he investigated any proposed or implemented public scheme or law, there was an objective of someone obtaining money as a consequence. As journalists say in covering politics, “follow the money.”
Thomas Jefferson was an American statesman, diplomat, lawyer, architect, philosopher, and Founding Father who served as the third president of the United States from 1801 to 1809. He had previously served as the second vice president of the United States under John Adams between 1797 and 1801. The principal author of the Declaration of Independence, Jefferson was a proponent of democracy, republicanism, and individual rights, motivating American colonists to break from the Kingdom of Great Britain and form a new nation; he produced formative documents and decisions at both the state and national levels.
