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.
Source
gutenberg.orgIf 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.
Sumner explains that funding a portion of the national debt at lower interest rates could benefit the country.
Share
More from Charles Sumner
Sovereignty of, belongs to the people, XVI. 28.
Disunion no remedy for grievances of, VII. 33.
Slavery and the: speech in New York, XI. 433.
His loyalty to the Declaration of Independence, XIX. 317.