Political Quotes

Charles Sumner: “If this large portion of the national debt, with its six per cent. interest in coin, can be funded at a less interest…”

On the record
If this large portion of the national debt, with its six per cent. interest in coin, can be funded at a less interest, there will be a corresponding relief to the country.
Said by
Charles Sumner
Massachusetts

Editor's note · Context

Sumner explains that funding a portion of the national debt at lower interest rates could benefit the country.

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His loyalty to the Declaration of Independence, XIX. 317.

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