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
I mention these as expedients, having the authority of financial
names, calculated to operate in the same direction, without violent
change or spasmodic action. Under their mild and beneficent influence
the currency would be gradually reduced, so that the final step, when
taken, would be hardly felt. With so great an object in view, I do not
doubt its accomplishment at an early day, if the Nation only wills it.
“Where there is a will, there is a way”; and never was this proverb
truer than on this occasion. To my mind it is clear, that, when the
Nation wills a currency in coin, then must this victory over the
Rebellion be won,--provided always that there is no failure in those
other things on which I have also dwelt as the _conditions precedent_
of this final victory.
* * * * *
How vain it is to expect Financial Reconstruction until Political
Reconstruction has been completed I have already shown. How vain to
expect specie payments until the Nation has once more gained its
natural vigor, and it has become _one_ in reality as in name! Let this
be, and the Nation will be like a strong man, in the full enjoyment of
all his forces, coping with the trials of life.
There must also be peace within our borders, so that there shall be no
discord between President and Congress. Therefore, so long as Andrew
Johnson is President, the return to specie payments is impossible. So
long as a great party, called Democratic, better now called Rebel, wars
on that Political Reconstruction which Congress has organized, there
can be no specie payments. So long as any President, or any political
party, denies the Equal Rights of the freedman, it is vain to expect
specie payments. Whoso would have equity must do equity; and now, if
you would have specie payments, you must do this great equity. The rest
will follow. When General Grant said, “Let us have peace,” he said
also, “Let us have specie payments.” Among all the blessed gifts of
peace there is none more certain.
Public-domain text, read in full here on John Shaqi.
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