Reminiscences of Sixty Years in Public Affairs, Vol. 2Boutwell, George S. (George Sewall)
History
Reminiscences of Sixty Years in Public Affairs, Vol. 2
Boutwell, George S. (George Sewall)
Boutwell, George S. (George Sewall), 1818-1905; United States -- Politics and government
As early as the month of August, 1863, in a letter to Mr. E. B.
Washburne, he said: "It became patent to my mind early in the
rebellion that the North and South could never live at peace with
each other except as one nation, and that without slavery. As anxious
as I am to see peace established, I would not, therefore, be willing
to see any settlement until this question is forever settled."
Thus was General Grant, at an early moment, and upon his own judgment,
brought into full accord with the Republican Party upon the two
debatable and most earnestly debated questions during Mr. Lincoln's
administration--the prosecution of the war and the abolition of
slavery.
And thus it is apparent that in 1868 he was in a condition, as to all
matters of opinion, to accept a nomination at the hands of the
Republican Party; and it is equally apparent that he was separated
from the Democratic Party by a chasm wide, deep, and impassable. It
is, however, true that General Grant's feelings were not intense, and
in the expression of his opinions his tone was mild and his manner
gentle. It often happened, also, that he did not undertake to
controvert opinions and expressions with which he had no sympathy.
This peculiarity may at times have led to a misunderstanding, or to
a misinterpretation of his views. Upon this basis of his early
impressions, and matured opinions his administrative policy was
constructed.
When he became President, there was a body of American citizens, not
inconsiderable in numbers, who doubted the ability of the Government
to pay the war debt; there were others who advocated payment in
greenbacks, or the substitution of a note not bearing interest for a
bond that bore interest; and there were yet others who denied the
validity of the existing obligations. All these classes, whether they
were dishonest or only misled, were alike rebuked in his inaugural
address. These were his words: "A great debt has been contracted
in securing to us and to our posterity the Union. The payment of this
debt, principal and interest, as well as the return to a specie basis,
as soon as it can be accomplished without material detriment to the
debtor class, or to the country at large, must be provided for. . . .
To protect the national honor, every dollar of Government indebtedness
should be paid in gold, unless otherwise expressly stipulated in the
contract. . . .
"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."
Public-domain text, read in full here on John Shaqi.
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