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Quote from Thomas Jefferson,


"For the power given to Congress by the Constitution does not extend to the internal regulation of the commerce of a State (that is to say, of the commerce between citizen and citizen,) which remain exclusively with its own legislature; but to its external commerce only, that is to say, its commerce with another State, or with foreign nations, or with the Indian tribes."



By:

Thomas Jefferson (more quotes by Thomas Jefferson or books by/about Thomas Jefferson)


(1743-1826), US Founding Father, drafted the Declaration of Independence, 3rd US President

Source:

Opinion against the constitutionality of a National Bank, February 15, 1791

Categories:

Banking, Commerce, Congress, Constitution, Jurisdiction, Power, Trade, Usurpation, Regulation

Rating:

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