The book The Life And Speeches of the Hon. Henry Clay .. 2 was written by author Clay, Henry, 1777-1852 Here you can read free online of The Life And Speeches of the Hon. Henry Clay .. 2 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Life And Speeches of the Hon. Henry Clay .. 2 a good or bad book?
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I wish to guard against all misconception by repeating, what I have heretofore several times said, that this bill is not founded upon any notion of a power in congress to lay and collect taxes and distribute the amount among the several states. I think congress possesses no such power, and has no right to exercise it until such amend- ment as that proposed by the senator from South Carolina (Mr. Calhoun) shall be adopted. But the bill rests on the basis of a clear and comprehensive grant of pow...er to congress over the territories and property of the United States in the constitution, and upon express stipulations in the deeds of session. Mr. President, I have ever regarded, with feelings ol the profoundest regret, the decision which the president of ^"^. ."I;^^ States felt himself induced to make on the bill of 1S33. it n naa VOL. II. 32 Digitized by VjOOQIC 250 SPEECHES OF HENRT CLAY. been his pleasure to approve it, the heads of departments would not now be taxing their ingenuity to find out useless objects of expenditures, or objects which may be well postponed to a more distant day.
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