he spirit of enterprise,
which characterizes the commercial part of America, has left no occasion
of displaying itself unimproved. It is not at all probable that this
unbridled spirit would pay much respect to those regulations of trade by
which particular States might endeavor to secure exclusive benefits to
their own citizens. The infractions of these regulations, on one side,
the efforts to prevent and repel them, on the other, would naturally
lead to outrages, and these to reprisals and wars.

The opportunities which some States would have of rendering others
tributary to them by commercial regulations would be impatiently
submitted to by the tributary States. The relative situation of New
York, Connecticut, and New Jersey would afford an example of this
kind. New York, from the necessities of revenue, must lay duties on
her importations. A great part of these duties must be paid by the
inhabitants of the two other States in the capacity of consumers of what
we import. New York would neither be willing nor able to forego this
advantage. Her citizens would not consent that a duty paid by them
should be remitted in favor of the citizens of her neighbors; nor would
it be practicable, if there were not this impediment in the way, to
distinguish the customers in our own markets. Would Connecticut and New
Jersey long submit to be taxed by New York for her exclusive benefit?
Should we be long permitted to remain in the quiet and undisturbed
enjoyment of a metropolis, from the possession of which we derived
an advantage so odious to our neighbors, and, in their opinion, so
oppressive? Should we be able to preserve it against the incumbent
weight of Connecticut on the one side, and the co-operating pressure of
New Jersey on the other? These are questions that temerity alone will
answer in the affirmative.

The public debt of the Union would be a further cause of collision
between the separate States or confederacies. The apportionment, in the
first instance, and the progressive extinguishment afterward, would be
alike productive of ill-humor and animosity. How would it be possible
to agree upon a rule of apportionment satisfactory to all? There is
scarcely any that can be proposed which is entirely free from real
objections. These, as usual, would be exaggerated by the adverse
interest of the parties. There are even dissimilar views among the
States as to the general principle of discharging the public debt. Some
of them,