I see no prospect of the former, and there are many great, if not insuperable obstacles in the way of the latter.
Editor's note · Context
Grant expresses skepticism about the prospects of raising the siege or successfully supplying Vicksburg.
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Debt, debt abroad, is the only element that can, with always a sound currency, enter into our affairs to cause any continued depression in the industries and prosperity of our people.
It is our desire to continue to maintain this disinterested and just policy with China as well as Japan.
As a rule I am opposed to further donations of public lands for internal improvements owned and controlled by private corporations, but in this instance I would make an exception.
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.





