The sum-total of this loss directly chargeable upon the Repudiators is more than one hundred millions, already paid in taxes; and much I fear, fellow-citizens, that, before the nation can recover from the discredit inflicted upon it, another hundred millions will be paid in the same way.
Sumner quantifies the financial damage caused by repudiation, warning of further losses if the situation does not improve.
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Endeavor, for a moment, by comparison with other interests, to grapple with this sum.
But so long as War exists as an Institution this terrible inconsistency must appear.
At Baltimore the delegation of the most important State in the Union, known to be in favor of the Wilmot Proviso, was refused admission to the Convention.
Nay, more,--if it would be criminal in these several clusters of States to reëstablish the Institution of War as Arbiter of Justice, then is it criminal in the Commonwealth of Nations to continue it.
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