Political Quotes

On the record
Two things must be done for the national banks: first, the bonds deposited by them with the Government must be reduced in interest; and, secondly, the system must be extended, so as to supply much-needed facilities, especially at the West and South.
Said by
Charles Sumner
Massachusetts

Editor's note · Context

Sumner outlines necessary reforms for national banks, emphasizing the need for reduced interest on bonds and expanded banking facilities.

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