โThe powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.โ
โIt is … the natural enemy of our home-bred form of government, and ought to awaken the resistance of all legislative and judicial departments, and the detestation of every person not enriched by this ruinous commerce.โ That warning came from John Taylor of...
In 1794, John Taylor of Caroline published a devastating critique of Alexander Hamilton’s financial system: the national bank, paper money, and debt. Taylor saw these for what they really were: not mere policy disagreements, but a war on the Constitution itself....
