The most muddled arguments of all surround the apportionment of the national debt upon the seceding state. It is muddled not only because of the difficulties of finding a “just” portion of the debt to be imposed, but also because demands for payment often mask ulterior motives. But let us assume for the moment that both parties are at least trying to negotiate in good faith.
As part of that good faith reckoning, future values, intangibles, and “goodwill” would be excluded as too arbit
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