The present proposition for funding is an excellent measure for this purpose, being at once simple and practical: not that it contains any direct promise for the redemption of our currency, but because it places the national debt on a permanent footing at a smaller interest than is now paid.
Sumner praises a funding proposal as a practical measure that could stabilize the national debt and reduce interest rates.
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More from Charles Sumner
Women’s National League, petition of, for universal emancipation, X. 300.
Early testimony of the Church against, I. 59.
Slave Power, necessity of political action against the, II. 207.
The only Constitutional party and party of freedom, VII. 38.
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