On the record
Speculation without money takes the place of honest industry, extending from the stock exchange everywhere.
Source
gutenberg.orgEditor's note · Context
Sumner argues that speculation has replaced honest work in the economy.
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More from Charles Sumner
I agree with the Convention in the importance of the new organization; nor do I think there are many candid persons, recognizing morals as the soul of all true politics, who will hesitate in this conclusion.
It is clear that the only question of present practical interest arises from the usurpations of the Slave Power and the efforts to extend Slavery.
They belong to a system so essentially irrational, that all the admitted virtues of many of its agents cannot save it from judgment.
Above all, welcome to the united regenerated Democracy of the North, which spurns the mockery of a Republic, with professions of Freedom on the lips, while the chains of Slavery clank in the Capitol!
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