If Vermont stays out, the election of 1796 is likely to play out rather differently. New York claimed Vermont, and it is quite possible that in 1794 when the Whiskey Rebellion gets suppressed in Western Pennsylvania, New York will seek to gain control of Vermont by force of arms under the pretext that it is suppressing another band of rebels. Events could easily turn sour real fast, especially if the New England states decide to back Vermont.
Hmmm... I like where this is going. That could result in a huge debate over states' rights and leave a large issue for the two parties to stand on. As well, with NY going against New England, could the nation be in a state of (contained) civil war by 1796?