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.
Grant emphasizes the importance of honoring foreign debts in accordance with the original agreements.
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More from Ulysses S. Grant
Texas and the territory brought into the Union in consequence of annexation, were purchased with both blood and treasure; and Texas, with a domain greater than that of any European state except Russia, was permitted to retain as state…
Our course should always be in conformity with strict justice and law, international and local.
Lead, zinc, and copper, from being articles of import, we may expect to be large exporters of in the near future.
A power should exist complete in its organization, ready to take and able to maintain its place among the nations of the earth.
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