The Federalist Papers · Federalist No. 4 · paragraph 6
With them and with most other European nations we are rivals in navigation and the carrying trade; and we shall deceive ourselves if we suppose that any of them will rejoice to see it flourish; for, as our carrying trade cannot increase without in some degree diminishing theirs, it is more their interest, and will be more their policy, to restrain than to promote it.Read in context ›
Publius · Alexander Hamilton, John Jay, James Madison · 1787–1788
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