On the record
It is easy to see that our debt could have been funded without paying more than four per cent., but for the doubt cast upon our credit by the dishonest schemes of Repudiation.
Source
gutenberg.orgCharles Sumner: “It is easy to see that our debt could have been funded without paying more than four per cent., but for the doubt cast…”
Editor's note · Context
He argues that the U.S. could have secured lower interest rates if not for the damaging effects of repudiation on national credit.
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