On the record
There should be no coercion of any kind upon any holder, at home or abroad, to induce the acceptance of a substitute bond.
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gutenberg.orgEditor's note · Context
Sumner argues against coercing bondholders into accepting substitute bonds, emphasizing voluntary participation.
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According to recent calculations, its annual cost is not less than a thousand millions of dollars.
As the Brotherhood of Man is practically recognized, it becomes impossible to restrict the feeling within any exclusive circle of country, and to set up an unchristian distinction of honor between civil war and international war.
They who strive after it, Ixion-like, embrace a cloud.
It is a cause which, though long kept in check throughout our country, as also in Europe, now confronts the people and their rulers, demanding to be heard.
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