Extract from Dallas report of 19th March 1816

"Although the success of these measures is not in any degree doubted, it may be proper to add that, if it ever shall become necessary to increase their force, provision might be made, under the constitutional power of Congress, to subject all banks and bankers failing to pay their notes according to the terms of the contract, to a seizure of their estates and effects for the benefit of their creditors, as in a case of legal bankruptcy."