“Courage doesn't always roar. Sometimes courage is the quiet voice at the end of the day saying, "I will try again tomorrow.” - Mary Ann Radmacher

Monday, January 23, 2012

Thomas Jefferson on Corporations

THOMAS JEFFERSON
LETTER TO GEORGE LOGAN

j. mss.
Poplar Forest near Lynchburg, Nov. 12, 1816

—I received your favor of Oct. 16, at this place, where I pass much of my time, very distant from Monticello. I am quite astonished at the idea which seems to have got abroad; that I propose publishing something on the subject of religion, and this is said to have arisen from a letter of mine to my friend Charles Thompson, in which certainly there is no trace of such an idea. When we see religion split into so many thousand of sects, and I may say Christianity itself divided into it’s thousands also, who are disputing, anathematizing and where the laws permit burning and torturing one another for abstractions which no one of them understand, and which are indeed beyond the comprehension of the human mind, into which of the chambers of this Bedlam would a [torn] man wish to thrust himself. The sum of all religion as expressed by it’s best preacher, “fear god and love thy neighbor” contains no mystery, needs no explanation. But this wont do. It gives no scope to make dupes; priests could not live by it. Your idea of the moral obligations of governments are perfectly correct. The man who is dishonest as a statesman would be a dishonest man in any station. It is strangely absurd to suppose that a million of human beings collected together are not under the same moral laws which bind each of them separately. It is a great consolation to me that our government, as it cherishes most it’s duties to its own citizens, so is it the most exact in it’s moral conduct towards other nations. I do not believe that in the four administrations which have taken place, there has been a single instance of departure from good faith towards other nations. We may sometimes have mistaken our rights, or made an erroneous estimate of the actions of others, but no voluntary wrong can be imputed to us. In this respect England exhibits the most remarkable phaenomenon in the universe in the contrast between the profligacy of it’s government and the probity of it’s citizens. And accordingly it is now exhibiting an example of the truth of the maxim that virtue & interest are inseparable. It ends, as might have been expected, in the ruin of it’s people, but this ruin will fall heaviest, as it ought to fall on that hereditary aristocracy which has for generations been preparing the catastrophe. I hope we shall take warning from the example and crush in it’s birth the aristocracy of our monied corporations which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country. Present me respectfully to Mrs. Logan and accept yourself my friendly and respectful salutations.

Read more...
http://oll.libertyfund.org/?option=com_staticxt&staticfile=show.php%3Ftitle=808&chapter=88352&layout=html&Itemid=27



I wonder If he was referring to 'crony capitalism' or 'banking schemes' ?


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