The cost of building iron vessels, the only ones that can compete with foreign ships in the carrying trade, is so much greater in the United States than in foreign countries that without some assistance from the Government they can not be successfully built here.
Editor's note · Context
Grant highlights the challenges of building competitive iron vessels in the U.S. due to higher costs compared to foreign countries.
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In attempting to regain our lost commerce and carrying trade I have heretofore called attention to the States south of us offering a field where much might be accomplished.
Commerce, trade, and, above all, the efforts to bring a people widely separated into a community of interest are always benefited by a rapid intercommunication.
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I had not force enough at Corinth to attack Price even by stripping everything; and there was danger that before troops could be got from other points he might be far on his way across the Tennessee.





