On the record
Repudiation of the Reconstruction Acts, with all their securities for Equal Rights, is naturally followed by repudiation of the National Debt.
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gutenberg.orgRepudiation of the Reconstruction Acts, with all their securities for Equal Rights, is naturally followed by repudiation of the National Debt.
Sumner connects the repudiation of Reconstruction Acts with the broader issue of national debt repudiation.
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According to recent calculations, its annual cost is not less than a thousand millions of dollars.
Still further: every ship-of-war that floats costs more than a well-endowed college.
Endeavor, for a moment, by comparison with other interests, to grapple with this sum.
The subterfuges of the politician cannot escape it.