M'Culloch v. Maryland · ¶18

Although, among the enumerated powers of government, we do not find the. word “ bank” or “ incorporation,” we find the great powers to lay and collect taxes; to borrow'money; to regulate commerce; to declare and conduct a. war; and to raise and support armies and navies. The sword and the purse, all the external • relations, and no inconsideráble portion of the industry of the nation, are entrusted to its government. If can never be pretended that these vast powers draw after them others of inferior importance, merely because they are inferiors Such an idea can never be advanced. But it may with great reason be contended, that a government, entrusted with such ample powers, on the due execution of which the happiness and prosperity of the nation so vitally depends, must also be entrusted with ample means for their execution. The power being given, it is the interest of the nation to…

U. S. Reports, bound volume
U. S. Reports, volume 17, at 316 (Library of Congress) · transcription: Caselaw Access Project
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