Political Quotes

Josiah Quincy: “With a removal of the deposits and a transfer draft, millions on millions may be transferred, by the stroke of the pen…”

On the record
With a removal of the deposits and a transfer draft, millions on millions may be transferred, by the stroke of the pen of a supple and submissive Secretary of the Treasury, from place to place, at home and abroad, wherever any purpose, personal or political, may thereby be promoted.
Said by
Josiah Quincy
Federalist · Massachusetts

Editor's note · Context

Quincy warns about the dangers of a Secretary of the Treasury having unchecked power to transfer large sums of money.

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