It is admitted on all sides that we must equalize the revenue and expenditures. The scheme of borrowing to make up an increasing deficit must, in the end, if continued, prove ruinous.

England has not wholly escaped the curse which must ever befall a free government which holds extensive provinces in subjection; for, although she has not lost her liberty or fallen into anarchy, yet we behold the population of England crushed to the earth by the superincumbent weight of debt and taxation, which may one day terminate in revolution.

Without thinking or reflecting, we plunge into war, contract heavy debts, increase vastly the patronage of the Executive, and indulge in every species of extravagance, without thinking that we expose our liberty to hazard. It is a great and fatal mistake.

The strong should always permit the weak and aggrieved to talk, to bluster, and scold without taking offence; and if we had so acted, and exercised proper skill in the management of our affairs, Mexico and ourselves would, by this time, have quietly and peaceably settled all difficulties and been good friends.

Our government is deeply disordered; its credit is impaired; its debt increasing; its expenditures extravagant and wasteful; its disbursements without efficient accountability; and its taxes (for duties are but taxes) enormous, unequal, and oppressive to the great producing classes of the country.

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.

I hold it to be the most monstrous proposition ever uttered within the Senate that conquering a country like Mexico, the President can constitute himself a despotic ruler without the slightest limitation on his power. If all this be true, war is indeed dangerous!

Fanatics, as a class, have far more zeal than intellect and are fanatics only because they have. There can be no fanaticism but where there is more passion than reason; and hence, in the nature of things, movements originating in it run down in a short time by their folly and extravagance.

I saw that the incorporation of Texas into this Union would be indispensable both to her safety and ours. I saw that it was impossible she could stand as an independent power between us and Mexico without becoming the scene of intrigue of foreign powers, alike destructive of the peace and security of both Texas and ourselves.

The framers of our constitution had the sagacity to vest in Congress all implied powers: that is, powers necessary and proper to carry into effect all the delegated powers wherever vested.

We make a great mistake in supposing all people are capable of self-government.

I am in favor of high wages and agree that the higher the wages, the stronger the evidence of prosperity, provided (and that is the important point) they are so naturally, by the effectiveness of industry, and not in consequence of an inflated currency or any artificial regulation.

The surrender of life is nothing to sinking down into acknowledgment of inferiority.

With such irresistible evidence before us of the great and rapid progress of abolitionism without the slightest indication of abatement, he is blind who does not see, if the state of things which has caused it should be permitted to continue, that it will speedily be too late, if not to save ourselves, to save the Union.

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.

It is but too common, of late, to condemn the acts of our predecessors and to pronounce them unjust, unwise, or unpatriotic from not adverting to the circumstances under which they acted. Thus, to judge is to do great injustice to the wise and patriotic men who preceded us.

A power has risen up in the government greater than the people themselves, consisting of many and various and powerful interests, combined into one mass, and held together by the cohesive power of the vast surplus in the banks.

The Government of the absolute majority instead of the Government of the people is but the Government of the strongest interests; and when not efficiently checked, it is the most tyrannical and oppressive that can be devised.

The interval between the decay of the old and the formation and establishment of the new constitutes a period of transition which must always necessarily be one of uncertainty, confusion, error, and wild and fierce fanaticism.

Beware the wrath of a patient adversary.

Peace is, indeed, our policy. A kind Providence has cast our lot on a portion of the globe sufficiently vast to satisfy the most grasping ambition, and abounding in resources beyond all others, which only require to be fully developed to make us the greatest and most prosperous people on earth.

It is harder to preserve than to obtain liberty.

The Union next to our liberties the most dear. May we all remember that it can only be preserved by respecting the rights of the States, and distributing equally the benefits and burdens of the Union.

In looking back, I see nothing to regret and little to correct.