The propriety of a law, in a constitutional light, must always be determined by the nature of the powers upon which it is founded.

We are now forming a republican government. Real liberty is never found in despotism or the extremes of democracy, but in moderate governments.

No character, however upright, is a match for constantly reiterated attacks, however false.

These are not vague inferences . . . but they are solid conclusions drawn from the natural and necessary progress of human affairs.

The tendency of a national bank is to increase public and private credit. The former gives power to the state, for the protection of its rights and interests: and the latter facilitates and extends the operations of commerce among individuals. Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.

Government is frequently and aptly classed under two descriptions-a government of force, and a government of laws; the first is the definition of despotism-the last, of liberty.

It will follow that that government ought to be clothed with all powers requisite to complete execution of its trust.