Political Quotes

Charles Sumner: “But we must confess our humiliation, as we find that our debt, with its large interest in coin, secured by mortgage on…”

On the record
But we must confess our humiliation, as we find that our debt, with its large interest in coin, secured by mortgage on the immeasurable future of the Nation, is less regarded abroad than the English debt, with its smaller interest and its more limited security.
Said by
Charles Sumner
Massachusetts

Editor's note · Context

Sumner expresses concern over the perception of the U.S. national debt in comparison to England's debt.

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