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Thomas Jefferson

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Like a dropsical man calling out for water, water, our deluded citizens are clamoring for more banks, more banks. The American mind is now in that state of fever which the world has so often seen in the history of other nations. We are under the bank bubble, as England was under the South Sea bubble, France under the Mississippi bubble, and as every nation is liable to be, under whatever bubble, design, or delusion may puff up in moments when off their guard. We are now taught to believe that legerdemain tricks upon paper can produce as solid wealth as hard labor in the earth. It is vain for common sense to urge that nothing can produce nothing; that it is an idle dream to believe in a philosopher’s stone which is to turn everything into gold, and to redeem man from the original sentence of his Maker, “in the sweat of his brow shall he eat his bread.”
--
Letter to Colonel Charles Yancey (6 January 1816) ME 14:384.

 
Thomas Jefferson

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How slowly I have made my way in life! How much is still to be done! How little worth — outwardly speaking — is all that I have achieved! The bubble reputation is as much a bubble in literature as in war, and I should not be one whit the happier if mine were world-wide and time-long than I was when nobody but yourself had faith in me.
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