Charles Sumner: “Any reduction of interest without the consent of the holders will…”

On the record

Any reduction of interest without the consent of the holders will reduce your capacity to borrow.

Said by

Massachusetts

Source

Sumner emphasizes the importance of consent from bondholders in any interest rate changes.

More from Charles Sumner

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

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

Women’s National League, petition of, for universal emancipation, X. 300.

His loyalty to the Declaration of Independence, XIX. 317.

Other voices in this conversation

Charles Sumner: “Any reduction of interest without the consent of the holders will reduce your capacity to borrow.”