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Subject Area: Economics
Topic: Money and Banking
Subject Area: Political Theory
Topic: The American Revolution and Constitution

jefferson to washington (Cabinet Paper.) - Alexander Hamilton, The Works of Alexander Hamilton, (Federal Edition), vol. 4 [1790]

Edition used:

The Works of Alexander Hamilton, ed. Henry Cabot Lodge (Federal Edition) (New York: G.P. Putnam’s Sons, 1904). In 12 vols. Vol. 4.

Part of: The Works of Alexander Hamilton, (Federal Edition), 12 vols.

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jefferson to washington
(Cabinet Paper.)

Th. Jefferson has the honor of returning to the President the Report of the Secretary of the Treasury on the proposition of Mr. Genet. He is of the opinion that all may be omitted which precedes the words, “Two modes of reimbursing,” etc., which follows “of the reasons that are proper and not offensive.” The following passage should perhaps be altered: “It has repeatedly come under consideration, and has uniformly been declined as ineligible.” The present proposition varies from that repeatedly offered in the circumstances which are of some importance, and is accordingly made by the minister, viz., the offer to take the payment in the produce of the United States. A very slight alteration will qualify this expression—thus agreeing to the fact without abating the force of the argument.