The thrust of his argument was the need for more power, not less.
Your own post at #3 contradicts you:
--- we have this excerpt from a 1785 letter from James Madison to James Monroe:
Much indeed is it to be wished, as I conceive, that no regulations of trade, that is to say, no restriction or imposts whatever, were necessary. A perfect freedom is the System which would be my choice. But before such a system will be eligible perhaps for the U. S. they must be out of debt; before it will be attainable, all other nations must concur in it.
3 posted on 06/09/2005 10:07:25 AM PDT by inquest
Consequently, any "regulation" of commerce implies some sort of restriction or prohibition. We "regulate" alcohol to prohibit its use by those under 21, for example.