described it, from the power to collect taxes, the relation and condition of principal and incidental are prostrated and destroyed. The accessory is exalted above the principal.”
The strictest of strict constructionists could not have put the matter more strongly. The reader should remember this argument, to compare it with the reasons given by Henry Clay a few years later for his vote in favor of chartering a new Bank of the United States, illustrating the change which was taking place not only in his, but also in other men's minds as to the constitutional functions of the government.
The bill to re-charter the Bank was defeated in the House of Representatives by a majority of one, and in the Senate by the casting vote of the Vice-President. It is not unfair to assume that, had Clay cast his vote in the Senate, and also employed his influence with his friends in the House in favor of the bill, he would have saved it, and that, in this sense, his opposition made him responsible for its defeat.
