I know no way in which this conviction can be created so promptly and easily as by redeeming in gold some one of our six per cent. loans; and that most naturally selected is the first, which is already so noted from the discussion to which it has been subjected.
He suggests that redeeming loans in gold can quickly restore confidence in the financial system.
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More from Charles Sumner
I agree with the Convention in the importance of the new organization; nor do I think there are many candid persons, recognizing morals as the soul of all true politics, who will hesitate in this conclusion.
I am in favor of a tariff for revenue, such a one as will yield a sufficient amount to the treasury to defray the expenses of the government, economically administered.
Again I repeat, so long as the War System prevails under the sanction of International Law, these painful incongruities will be apparent.
According to recent calculations, its annual cost is not less than a thousand millions of dollars.
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