On the record
One per cent. on this prodigious amount represents a tax of one hundred and ten millions, paid annually by consumers, according to their consumption, and not in any degree according to their ability.
Source
gutenberg.orgEditor's note · Context
Sumner illustrates the significant tax burden on consumers resulting from currency fluctuations.
Share
More from Charles Sumner
By Perpetual Peace Kant understood a condition of nations where there could be no fear of War; and this condition, he said, was demanded by reason, which, abhorring all War, as little adapted to establish right, must regard this final…
They are but leaders of the two contending factions into which the Slave Power is divided.
They who strive after it, Ixion-like, embrace a cloud.
But so long as War exists as an Institution this terrible inconsistency must appear.
Other voices in this conversation
