Charles Sumner: “You must continue to borrow on a large scale; but who will lend to the…”

On the record

You must continue to borrow on a large scale; but who will lend to the repudiator, unless at a destructive discount?

Said by

Massachusetts

Source

Sumner critiques the challenges of borrowing in a financial system perceived as unreliable.

More from Charles Sumner

Opening of United States courts to colored, XI. 389.

Sovereignty of, belongs to the people, XVI. 28.

Early testimony of the Church against, I. 59.

Slave Power, necessity of political action against the, II. 207.

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Charles Sumner: “You must continue to borrow on a large scale; but who will lend to the repudiator, unless at a destructive discount?”