On the record
I am now brought to the last branch of this discussion, in which all the others are absorbed: I mean the necessity of specie payments, or, in other words, the necessity of coin in the place of inconvertible paper.
Source
gutenberg.orgEditor's note · Context
Sumner emphasizes the importance of returning to specie payments for financial stability after the Civil War.
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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!
They are but leaders of the two contending factions into which the Slave Power is divided.
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They who strive after it, Ixion-like, embrace a cloud.
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