Hostilities there have grown out of the avarice of the white man, who has violated our treaty stipulations in his search for gold.
Editor's note · Context
Grant addresses the impact of white settlers' greed on treaty violations regarding Native American lands.
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This begot a spirit of speculation involving an extravagance and luxury not required for the happiness or prosperity of a people, and involving, both directly and indirectly, foreign indebtedness.
Unhappily, however, this baneful influence has thus far succeeded in defeating the efforts of all liberal-minded men in Spain to abolish slavery in Cuba, and in preventing the promised reform in that island.
A revival of shipbuilding, and particularly of iron steamship building, is of vast importance to our national prosperity.
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.





