States. The Federal Government has no power to declare what is
property enywhere.{sic} The power of each State cannot extend beyond
its own limits. As a consequence, therefore, whatever is property in
any of the States, must be so considered in any of the territories of
the United States until they reach to the dignity of community
independence, when the subject matter will be entirely under the
control of the people, and be determined by their fundamental law. If
the inhabitants of any territory should refuse to enact such laws and
police regulations as would give security to their property or to his,
it would be rendered more or less valueless, in proportion to the
difficulty of holding it without such protection. In the case of
property in the labor of man, or what is usually called slave
property, the insecurity would be so great that the owner could not
ordinarily retain it. Therefore, though the right would remain, the
remedy being withheld, it would follow that the owner would be
practically debarred by the circumstances of the case, from taking
slave property into a territory where the sense of the inhabitants was
opposed to its introduction. So much for the oft repeated fallacy of
forcing slavery upon any community."

And in a subsequent part of the same speech, the matter was treated of
in this wise:

"The South had not asked Congress to extend slavery into the
territories, and he in common with most other Southern statesmen,
denied the existence of any power to do so. He held it to be the creed
of the Democracy, both in the North and the South, that the general
government had no constitutional power either to establish or prohibit
slavery anywhere; a grant of power to do the one must necessarily have
involved the power to do the other. Hence it is their policy not to