There is no position which depends on clearer principles than that every act of a delegated authority, contrary to the commission under which it is exercised, is void. No legislative act, therefore, contrary to the Constitution, can be valid.
Alexander HamiltonThe power of creating new funds upon new objects of taxation, by its own authority, would enable the national government to borrow as far as its necessities might require.
Alexander HamiltonTo attach full confidence to an institution of this nature, it appears to be an essential ingredient in its structure, that it shall be under private and not a public direction-under the guidance of individual interest, not of public policy; which, would be . . . liable to being too much influenced by public necessity.
Alexander Hamilton