John C. Calhoun Severe Quotations

There was no measure that required greater caution or more severe scrutiny than one to impose taxes or raise a loan, be the form what it may. I hold that government has no right to do either, except when the public service makes it imperiously necessary, and then only to the extent that it requires.

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.