It is like the credit or good-will of an established mercantile house, which stands often instead of capital; and then the fact that the proceeds are to be absorbed in the redemption of the first Five-Twenties, so often assailed, will most signally attest the determination of the country to maintain its credit.
Editor's note · Context
Sumner emphasizes the importance of maintaining national credit through prudent financial decisions.
Share
More from Charles Sumner
Without yielding to any of these extreme views with regard to the mischiefs or the benefits of party, all should agree that the only true and legitimate object of such an association is to uphold, advance, and develop certain principles…
It is clear that the only question of present practical interest arises from the usurpations of the Slave Power and the efforts to extend Slavery.
It is a cause which, though long kept in check throughout our country, as also in Europe, now confronts the people and their rulers, demanding to be heard.
Tendencies of nations, as revealed in history, teach that our aims are in harmony with prevailing laws, which God, in his benevolence, has ordained for mankind.





