Switzerland, Swiss history, European history
In 1789, thirteen independent states became a nation, but one lacking any sense of national purpose. The economy of the former colonies remained overwhelmingly agricultural and, despite their having ratified a federal constitution, the first loyalties of most individuals were to their states. Many also feared that an empowered central authority would lead to a return of monarchy and a class-based society.
"Thomas K. McCraw. The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy,"
Swiss American Historical Society Review: Vol. 49
, Article 10.
Available at: https://scholarsarchive.byu.edu/sahs_review/vol49/iss2/10