They did not hold the States where slavery existed responsible for it; and believed that protection should be given to the right of property in slaves until some satisfactory way could be reached to be rid of the institution.
Editor's note · Context
Grant discusses the Northern perspective on slavery and the belief in protecting property rights until a solution could be found.
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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.
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.
They are also known for their opposition to all strife, violence, and war, and are generally noted for their strict integrity and fair dealings.
But whatever causes may have produced the situation which so grievously affects our interests, it exists, with all its attendant evils operating directly upon this country and its people.





