James Madison actually said...

"And I do hereby further authorize and direct all suits, indictments, and prosecutions for fines, penalties, and forfeitures against any person or persons who shall be entitled to the benefit of this f..."

"The bank proposed will be free from all legal obligation to cooperate with the public measures"

"Waiving the question of the constitutional authority of the Legislature to establish an incorporated bank"

"The most the bank could effect, would be to keep the institution alive by limited and local transactions"