“The incorporation of a bank and the powers assumed [by legislation doing so] have not, in my opinion, been delegated to the United States by the Constitution. They are not among the powers specially enumerated.”

Opinion on the Constitutionality of the Bill for Establishing a National Bank., 1791. http://www.yamaguchy.netfirms.com/7897401/jefferson/natbank.html ME 3:146
Posthumous publications, On financial matters

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3rd President of the United States of America 1743–1826

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The incorporation of a bank, and the powers assumed by this bill, have not, in my opinion, been delegated to the United States, by the Constitution... They are not among the powers specially enumerated...
Opinion against the constitutionality of a National Bank (1791), also quoted in The Writings of Thomas Jefferson "Memorial Edition" (20 Vols., 1903-04) edited by Andrew A. Lipscomb and Albert Ellery Bergh, Vol. 3, p. 146
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