Be assured that, as certain as Congress transcends its assigned limits and usurps powers never conferred, or stretches those conferred beyond the proper limits, so surely will the fruits of its usurpation pass into the hands of the Executive. In seeking to become master, it but makes a master in the person of the President.

Every dollar of tax imposed on our exchanges in the shape of duties impairs, to that extent, our capacity to meet the severe competition to which we are exposed; and nothing but a system of high protective duties, long continued, can prevent us from meeting it successfully. It is that which we have to fear.

I will not undertake to offer an opinion on the capacity of Hindustan to produce cotton. The region is large, and the soil and climate various, the population great and wages low; but I must be permitted to doubt the success of the experiment of driving us out of the market, though backed and patronized by English capital and energy.

John C. Calhoun Quotes