Article I, Section 8, Clause 2

To borrow money on the credit of the United States;

The paragraph prints Article I, Section 8, Clause 2 of the Constitution as signed; the quoted words are the same as the clause's (apart from capitals and the long s), though the pamphlet's punctuation differs in places.

THIS power is lodged with the preſent Congreſs.

The paragraph follows the borrowing clause (Article I, Section 8, Clause 2) and refers to it as "this power".

The powers falling within the FIRST class are those of declaring war and granting letters of marque; of providing armies and fleets; of regulating and calling forth the militia; of levying and borrowing money.

Names the power of "borrowing money" in its list of the first class of powers, echoing this clause's words "To borrow Money."

The power of levying and borrowing money, being the sinew of that which is to be exerted in the national defense, is properly thrown into the same class with it.

Names "the power of levying and borrowing money"; the borrowing power is the one given in this clause.