What power did the Commercial Compromise grant to Congress?

The Commercial Compromise, established during the Constitutional Convention of 1787, was significant because it granted Congress the authority to regulate foreign and interstate commerce. This compromise aimed to balance the interests of those states with economies reliant on agriculture and carrying trade against those prioritizing manufacturing and merchant interests. By allowing Congress to manage trade regulations, the compromise ensured that the federal government could promote a cohesive economic policy across states, essential for fostering trade and addressing economic challenges.

This regulatory power played a critical role in unifying the economy, helping to prevent disputes between states over trade practices and tariffs that could arise from a lack of oversight. Additionally, it helped in creating a stable environment for commerce, which was crucial for the nation’s growth in the years following the ratification of the Constitution.