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Subject Area: Political Theory
Topic: The American Revolution and Constitution

NOTES ON PARTY POLICY 1 J. MSS. - Thomas Jefferson, The Works, vol. 7 (Correspondence 1792-1793) [1905]

Edition used:

The Works of Thomas Jefferson, Federal Edition (New York and London, G.P. Putnam’s Sons, 1904-5). Vol. 7

Part of: The Works of Thomas Jefferson, 12 vols.

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NOTES ON PARTY POLICY1J. MSS.

[Feb. ? 1793.]

AGENDA

Divide the Treasury department.

Abolish the bank.

Repeal the Excise law & let states raise the money.

Lower impost.

Treasurer to pay and receive cash not bills.

Repeal irredeemable quality and borrow at 4. pr. cent.

Exclude paper holders.

Condemn report of.

[1 ]This paper is undated, but is apparently an outline of the reforms in the government desired by Jefferson. In the absence of a definite platform of the newly formed democratic party, it is therefore of considerable importance, and is of especial interest as showing Jefferson’s plans to break up the “Treasury Junto,” by dividing the treasury, and by excluding from Congress all holders of Bank stock. The report referred to is probably Hamilton’s report on the foreign loans of Jan. 3, 1793, which was an especially obnoxious one to Jefferson.