This reserve must bear a proportion to the aggregate of liabilities so large as to remove mistrust, and this can be accomplished only by presenting as in the vaults of the Treasury an amount of coin nearly equal to the sum of liabilities.
Editor's note · Context
Sumner argues for a reserve of coin in the Treasury to restore public trust in financial obligations.
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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.
Again I repeat, so long as the War System prevails under the sanction of International Law, these painful incongruities will be apparent.
But so long as War exists as an Institution this terrible inconsistency must appear.
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.





