On the record
Any reduction of interest without the consent of the holders will reduce your capacity to borrow.
Source
gutenberg.orgEditor's note · Context
Sumner emphasizes the importance of consent from bondholders in any interest rate changes.
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More from Charles Sumner
They are but leaders of the two contending factions into which the Slave Power is divided.
Their existence is a disgrace to civilization; for it implies the common consent of nations to the Arbitrament of War, as regulated by these laws.
It applies an arrogant and unrelenting ostracism to all who express themselves against Slavery.
In this contest, we may borrow from the ancient Greek, who, when his hands were cut off, fought with his stumps, and even with his teeth.
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