Business; Capitalists and financiers -- United States; Speculation; Wall Street (New York, N.Y.)
I felt assured that the nomination of any other man might result in the
defeat of the party, and that it was absolutely necessary to its
strength, maintenance and autonomy that General Grant should again be
our choice. He had been tried for one term and found to be a very
satisfactory executive. There was no important risk involved in trying
him for a second term while the experiment with another man in the then
sensitive, unsettled and tentative condition of reconstruction, might
have been injurious to the best political and industrial interests of
the country; and the experiment would have been especially risky if the
nominee should have been a Democrat.
The people of the South were not then in a proper frame of mind to be
trusted with any power implying the mere possibility of obtaining a
controlling influence in the affairs of the Government. I perceived it
was important that the Republicans should make a nomination that had a
fair prospect of being successful, and I felt satisfied that the result
would be extremely doubtful if we should nominate any other man.
Besides, no other man was more deserving of the national compliment,
considering that he had done so much to terminate the struggle for
national existence, and had been the chief force in suppressing the
Rebellion. His genius and courage had been chiefly instrumental in
preserving to the country the blessing of a Republican form of
Government. For this boon no people could ever be too profuse in the
manifestations of their gratitude.
This was the patriotic feeling deep in the hearts of the people at
large, but there was a secret movement engineered by “sore-head”
politicians, behind whom were even more dangerous enemies, to thwart
patriotic purposes. Some of these conspirators had been brooding over
latent schemes of anarchy for a long period, and had been attempting to
put them in organic shape before half the first term of General Grant
had expired. They were hard at work training public opinion, by every
means in their power, to prevent Grant’s renomination.
This hostile element was sedulously hatching scandals and ventilating
them in subsidized newspapers, and through various other disreputable
channels.
This opposition increased in violence and intensity, and as the time
approached when the country was to choose its next President, the
renomination of General Grant became a matter of serious doubt, even to
some of his most enthusiastic supporters. It had become a foregone
conclusion that the Democrats would draw largely from the Republican
ranks, and the anxiety on this point was intensified by the hostility of
the _Tribune_, and the prospect of Horace Greeley’s candidacy. It was
absolutely necessary, therefore, that an energetic effort should be
made, and the requisite steps taken to ensure General Grant’s success at
the Convention.
I entered into this feeling with a great deal of personal enthusiasm.
What was my motive? some one reading this may ask.
Public-domain text, read in full here on John Shaqi.
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