Political Quotes

Charles Sumner: “The Treasury of the United States, like the British Treasury, would always be without a surplus, and the national debt…”

On the record
The Treasury of the United States, like the British Treasury, would always be without a surplus, and the national debt would be recognized as a burden to be endured forever.
Said by
Charles Sumner
Massachusetts

Editor's note · Context

Sumner warns that, similar to the British Treasury, the U.S. Treasury may always struggle with surplus due to perpetual national debt.

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