Business; Capitalists and financiers -- United States; Speculation; Wall Street (New York, N.Y.)
After Garfield’s inauguration Blaine was made Secretary of State. Great
credit for the Presidential success was not only due to Mr. Blaine, but
in a large degree to Judge Robertson also, as without his assistance
Garfield could not have been nominated. So it was necessary to take care
of Judge Robertson too. This was done by making him Collector of the
Port of New York. These appointments were severe political blows, which,
in the nature of circumstances, fell with full force upon the devoted
head of Senator Conkling.
These events led to the sudden resignation of Senator Conkling and
Senator Platt, “Me Too,” and a very serious division in the ranks of the
party, under the respective names and banners of the Stalwarts and the
Half-Breeds.
The excitement growing out of the political battle between these
factions aroused the intemperate zeal and insane delusions of Guiteau to
kill the President. Thus the thread of cause and effect, when followed
up in this way, is entangled in the deepest mystery.
------------------------------------------------------------------------
CHAPTER XXXI.
GRANT’S SECOND TERM.
THE BEST MAN FOR THE POSITION AND MOST DESERVING OF THE HONOR.—HOW THE
“BOOM” WAS WORKED UP IN FAVOR OF GRANT.—THE GREAT FINANCIERS AND
SPECULATORS ALL COME TO THE FRONT IN THE INTEREST OF THE NATION’S
PROSPERITY AND OF THE MAN WHO HAD SAVED THE COUNTRY.—THE GREAT MASS
MEETING AT COOPER UNION.—WHY A. T. STEWART REFUSED TO PRESIDE.—THE
RESULTS OF THE MASS MEETING AND HOW THEY WERE APPRECIATED BY THE
FRIENDS OF THE CANDIDATE, LEADING REPRESENTATIVES OF THE BUSINESS
COMMUNITY AND THE PUBLIC PRESS GENERALLY, IRRESPECTIVE OF PARTY.
I wish to relate briefly the part which I took in the re-election of
General Grant, whose defeat, when he was spoken of as a candidate for
the second term, was foreshadowed among a large number of politicians of
every stripe. There were serious divisions in the ranks of his former
friends and adherents, and an organized effort was made to destroy his
prospects a long time in advance of the meeting of the Philadelphia
Convention.
All the political machinery of his enemies, and of disappointed office
seekers and their friends, was put in force, and all the tactics and
prejudices employed that were put into operation with greater success
four years later.
Public-domain text, read in full here on John Shaqi.
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