The Federalist On the New Constitution volume 1

Cover The Federalist On the New Constitution volume 1
The Federalist On the New Constitution volume 1
Hamilton Alexander
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The former they would reserve to the state governments ; the latter, which they explain into commercial imposts, or rather duties on imported arlh 1 s, they declare themselves willing to concede to the federal head. This distinction, however, would violate that funda- mental maxim of good sense and sound policy, which dic- tates that every power ought to be proportionate to its object ; and would still leave the general government in a kind of tutelage to the state governments, inconsistent wit...h every idea of vigour or efficiency. Who can pretend that commercial imposts are, or would be, alone equal to the pre- sent and future exigencies of the union? Taking into the ac- count the existing debt, foreign and domestic, upon any plan ot extinguishment, which a man, moderately impressed with the importance of public justice and public credit could approve, in addition to the establishments, which all parties will acknowledge to be necessary, we could not reasonably vol. I. 8 C flatter 192 THE FEDERALIST.

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