another what one individual is to another; with this melancholy
distinction perhaps, that the former, with fewer of the benevolent
emotions than the latter, are under fewer restraints also from taking
undue advantage from the indiscretions of each other. Every nation,
consequently, whose affairs betray a want of wisdom and stability, may
calculate on every loss which can be sustained from the more systematic
policy of their wiser neighbors. But the best instruction on this
subject is unhappily conveyed to America by the example of her own
situation. She finds that she is held in no respect by her friends;
that she is the derision of her enemies; and that she is a prey to every
nation which has an interest in speculating on her fluctuating councils
and embarrassed affairs.

The internal effects of a mutable policy are still more calamitous. It
poisons the blessing of liberty itself. It will be of little avail to
the people, that the laws are made by men of their own choice, if the
laws be so voluminous that they cannot be read, or so incoherent that
they cannot be understood; if they be repealed or revised before they
are promulgated, or undergo such incessant changes that no man, who
knows what the law is to-day, can guess what it will be to-morrow. Law
is defined to be a rule of action; but how can that be a rule, which is
little known, and less fixed?

Another effect of public instability is the unreasonable advantage it
gives to the sagacious, the enterprising, and the moneyed few over
the industrious and uniformed mass of the people. Every new regulation
concerning commerce or revenue, or in any way affecting the value of the
different species of property, presents a new harvest to those who watch
the change, and can trace its consequences; a harvest, reared not
by themselves, but by the toils and cares of the great body of their
fellow-citizens. This is a state of things in which it may be said with
some truth that laws are made for the FEW, not for the MANY.

In another point of view, great injury results from an unstable
government. The want of confidence in the public councils damps every
useful undertaking, the success and profit of which may depend on a
continuance of existing arrangements. What prudent merchant will hazard
his fortunes in any new branch of commerce when he knows not but that
his plans may be rendered unlawful before they can be executed? What
farmer or manufacturer will lay himself out fo