Here it must be observed, that the whole system of national banks is founded upon the bonds of the nation; so that, at the rate of liquidation now adopted for the national debt, the system will be without support in the lapse of twelve or fifteen years.
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gutenberg.orgEditor's note · Context
Sumner warns that the national banking system relies on government bonds, which may become unsustainable if the national debt is liquidated too quickly.
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The devices of party can no longer stave it off.
It is true, doubtless, that there are various races of men; but there is but one great Human Family, in which Caucasian, Ethiopian, Chinese, and Indian are all brothers, children of one Father, and heirs to one happiness.
More precious far at that moment the consolation that he had labored for his fellow-men, and the joyous confidence that all his cares had helped the Progress of his race!
Far above any flickering light or battle-lantern of party is the everlasting sun of Truth, in whose beams are the duties of men.





