On the record
But if we could tax the State banks out of existence, can we not, under the very specific terms of the Act of Congress to which these national banks owe their existence, apply a rule not unlike to them?
Source
gutenberg.orgCharles Sumner: “But if we could tax the State banks out of existence, can we not, under the very specific terms of the Act of Congress…”
Editor's note · Context
He questions whether the same taxing rules applied to state banks should also apply to national banks.
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