On the record
Repudiation of our bonds, whether to the national creditor or to the national freedman, would be a shame and a crime; and the national faith is irrevocably plighted to the two alike.
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gutenberg.orgRepudiation of our bonds, whether to the national creditor or to the national freedman, would be a shame and a crime; and the national faith is irrevocably plighted to the two alike.
Sumner warns against the repudiation of debts, framing it as both a moral failure and a crime.
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