Let it be understood that no repudiator of one farthing of our public debt will be trusted in public place, and it will go far toward strengthening a credit which ought to be the best in the world, and will ultimately enable us to replace the debt with bonds bearing less interest than we now pay.
Boutwell asserts that no one who advocates for debt repudiation should hold public office, as it undermines national credit.
Share
More from George Boutwell
That is the lesson the war has burned in on the brain and conscience of the Nation.
This fact furnishes a pretext for efforts to make money while in the public service.
The spirit of philanthropy animated his politics, and the doctrines of peace controlled his public policy.
There was never in his career any ostentatious display of power, never any exercise of wanton or unnecessary authority.
Other voices in this conversation
