Political Quotes

George Boutwell: “Let it be understood that no repudiator of one farthing of our public debt will be trusted in public place, and it will…”

On the record
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.
Said by
George Boutwell
Massachusetts

Editor's note · Context

Boutwell asserts that no one who advocates for debt repudiation should hold public office, as it undermines national credit.

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