![]() ![]() The want of it has already operated as a bar to the formation of beneficial treaties with foreign powers, and has given occasions of dissatisfaction between the States. It is indeed evident, on the most superficial view, that there is no object, either as it respects the interests of trade or finance, that more strongly demands a federal superintendence. The utility of such a power has been anticipated under the first head of our inquiries and for this reason, as well as from the universal conviction entertained upon the subject, little need be added in this place. The want of a power to regulate commerce is by all parties allowed to be of the number. IN ADDITION to the defects already enumerated in the existing federal system, there are others of not less importance, which concur in rendering it altogether unfit for the administration of the affairs of the Union. Other Defects of the Present Confederationįrom the New York Packet. ![]()
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