Political Quotes

On the record
Thus, in the event of war with a power inferior to ourselves in commerce, as Portugal, or Spain, or France, the increased rates of insurance would make it impossible for us to keep our ships afloat, while all our profits on the ocean would be appropriated by those nations happily still at peace.
Said by
Charles Sumner
Massachusetts

Editor's note · Context

Sumner illustrates the economic disadvantages of war with nations that have lesser commerce.

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