Each State, or
separate confederacy, would pursue a system of commercial policy
peculiar to itself. This would occasion distinctions, preferences, and
exclusions, which would beget discontent. The habits of intercourse, on
the basis of equal privileges, to which we have been accustomed since
the earliest settlement of the country, would give a keener edge to
those causes of discontent than they would naturally have independent of
this circumstance. WE SHOULD BE READY TO DENOMINATE INJURIES THOSE
THINGS WHICH WERE IN REALITY THE JUSTIFIABLE ACTS OF INDEPENDENT
SOVEREIGNTIES CONSULTING A DISTINCT INTEREST. The 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.
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