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Jefferson, Thomas

"Public Papers"

Therefore it was
that the Constitution restrained them to the _necessary_ means, that
is to say, to those means without which the grant of power would be
nugatory.
But let us examine this convenience and see what it is. The
report on this subject, page 3, states the only _general_ convenience
to be, the preventing the transportation and re-transportation of
money between the States and the treasury, (for I pass over the
increase of circulating medium, ascribed to it as a want, and which,
according to my ideas of paper money, is clearly a demerit.) Every
State will have to pay a sum of tax money into the treasury; and the
treasury will have to pay, in every State, a part of the interest on
the public debt, and salaries to the officers of government resident
in that State. In most of the States there will still be a surplus
of tax money to come up to the seat of government for the officers
residing there. The payments of interest and salary in each State
may be made by treasury orders on the State collector. This will
take up the greater part of the money he has collected in his State,
and consequently prevent the great mass of it from being drawn out of
the State. If there be a balance of commerce in favor of that State
against the one in which the government resides, the surplus of taxes
will be remitted by the bills of exchange drawn for that commercial
balance.


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