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" Viewing in the abstract the question whether the power of regulating trade, to a certain degree at least, ought to be vested in Congress, it appears to me not to admit of a doubt, but that it should be decided in the affirmative. If it be necessary to regulate trade at all, it surely is necessary to lodge the power, where trade can be regulated with effect, and experience has confirmed what reason foresaw, that it can never be so regulated by the States acting in their separate capacities. They can no more exercise this power separately, than they could separately carry on war, or separately form treaties of alliance or Commerce. -- James Madison to James Monroe, August 7, 1785. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.esquire.com/news-politics/politics/a20800/evening-jemmy-5-8-14/>