Charles Sumner: his complete works, volume 16 (of 20)Sumner, Charles
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Charles Sumner: his complete works, volume 16 (of 20)
Sumner, Charles
Slavery -- United States; Speeches, addresses, etc., American
Such is my confidence in the resources of our country, in the industry
of its people, and in the grandeur of its destinies, that I cannot
doubt the transcendent future. Alas that it should be interrupted by
unwise counsels, even for a day! Financial Reconstruction is postponed
only. It must come at last. Here I have no panacea that is not as
simple as Nature. I know of no device or trick or medicine by which
this cure can be accomplished. It will come with the general health of
the body politic. It will come with the renovated life of the Nation,
when it is once more complete in form, when every part is in sympathy
with the whole, and the Rebellion, with all its offspring, is trampled
out forever. In such a condition of affairs, inconvertible paper would
be an impossibility, as much as a bill of sale for a human being.
* * * * *
Meanwhile there are certain practical points which must not be
forgotten. Foremost among these I put the absolute dependence of the
national finances upon the faithful performance of all our obligations
to the national freedmen. Pardoned Rebels will never look with
complacency upon the national debt, or the interest which testifies
semiannually to its magnitude. Their political colleagues at the North
will be apt to sympathize with them. Should the scales at any time hang
doubtful, it is to others that we must turn to adjust the balance.
Therefore, for the sake of the national finances, I insist that the
national freedmen shall be secured and maintained in Equal Rights, so
that local prejudices and party cries shall be unavailing against them.
You who have at heart the national credit, on which so much depends,
must never fail to cherish the national freedmen, treating their
enemies as if they were your enemies. Every blow at them will rebound
upon yourselves.
* * * * *
In dealing with the financial question, there are two other points of
ever-present importance: first, the necessity of diminishing, so far as
practicable, the heavy burden of taxation so oppressive to the people;
and, secondly, the necessity of substituting specie for inconvertible
paper. Here are two objects, which, when accomplished, will add
infinitely to the wealth and happiness of the country, besides being
the assurance that the Nation has at last reached that condition of
repose so much longed for.
Before considering these two points in detail, I venture to remark that
there is one condition, preliminary in character and equally essential
to both, through which taxation will be lightened and specie payments
will be hastened. I refer to the Public Faith, which must be sacredly
preserved above all question or suspicion. The word of our Nation
must be as good as its bond; and nobody must attempt to take a tittle
from either. Nothing short of universal wreck can justify any such
bankruptcy. Let the Public Faith be preserved, and all that you now
seek will be easy.
Public-domain text, read in full here on John Shaqi.
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