Charles Sumner: “Then, again, in the final provision, that for every bank-note issued a…”

On the record

Then, again, in the final provision, that for every bank-note issued a greenback shall be withdrawn, you find the great highway to specie payments.

Said by

Massachusetts

Source

Sumner explains how the proposed banking system facilitates a transition to specie payments.

More from Charles Sumner

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

Consent of the governed necessary in forming new governments of, XII. 298.

Working-men of Europe, desire abolition of war, XVIII. 236.

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

Other voices in this conversation

Charles Sumner: “Then, again, in the final provision, that for every bank-note issued a greenback shall be withdrawn, you find the great…”