Charles Sumner: “While the prolongation of time enlarges the option of the nation, it…”

On the record

While the prolongation of time enlarges the option of the nation, it increases the value of the bond in the market.

Said by

Massachusetts

Source

Sumner argues that extending the duration of bonds benefits both the nation and their market value.

More from Charles Sumner

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

The only Constitutional party and party of freedom, VII. 38.

Contrary to Christianity, but upheld by the Church, I. 54, 58.

Early testimony of the Church against, I. 59.

Other voices in this conversation

Charles Sumner: “While the prolongation of time enlarges the option of the nation, it increases the value of the bond in the market.”