All corrections in this regard are in the direction of bringing labor and capital in harmony with each other and of supplying one of the elements of prosperity so much needed.
Editor's note · Context
Grant emphasizes the importance of harmonizing labor and capital for national prosperity.
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At the time of the framing of our constitution the only physical forces that had been subdued and made to serve man and do his labor, were the currents in the streams and in the air we breathe.
History shows that no Administration from the time of Washington to the present has been free from these mistakes.
The ingenuity and skill of American mechanics have been demonstrated at home and abroad in a manner most flattering to their pride.
I believe firmly that there can be no prosperous and permanent revival of business and industries until a policy is adopted--with legislation to carry it out--looking to a return to a specie basis.





