Political Quotes

Ulysses S. Grant: “These two causes, however, have involved us in a foreign indebtedness, contracted in good faith by borrower and lender…”

On the record
These two causes, however, have involved us in a foreign indebtedness, contracted in good faith by borrower and lender, which should be paid in coin, and according to the bond agreed upon when the debt was contracted--gold or its equivalent.
Said by
Ulysses S. Grant
Republican · Ohio

Editor's note · Context

Grant emphasizes the importance of honoring foreign debts in accordance with the original agreements.

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