CREDIT supposes specific and permanent funds for the punctual payment of interest, with a moral certainty of a final redemption of the principal.

To cherish and stimulate the activity of the human mind, by multiplying the objects of enterprise, is not among the least considerable of the expedients, by which the wealth of a nation may be promoted. Even things in themselves not positively advantageous, sometimes become so, by their tendency to provoke exertion. Every new scene, which is opened to the busy nature of man to rouse and exert itself, is the addition of a new energy to the general stock of effort.

Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.

[W]e must extend the authority of the Union to the persons of the citizens - the only proper objects of government.

The laws of Congress are restricted to a certain sphere, and when they depart from this sphere, they are no longer supreme or binding.

The genius of the people will ill brook the inquisitive and peremptory spirit of excise laws.

There can be no time, no state of things, in which Credit is not essential to a Nation.