That which is most favorable to the nation is most favorable to the market value of the bond; and that which is unfavorable to the nation is unfavorable also to the market value of the bond, rendering its negotiation and sale more difficult and protracted.
Sumner asserts that the interests of the nation and the market value of bonds are interconnected, influencing each other.
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Consent of the governed necessary in forming new governments of, XII. 298.
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