I recommend to Congress to provide by stringent legislation a suitable remedy against the holding, owning or dealing in slaves, or being interested in slave property, in foreign lands, either as owners, hirers, or mortgagors, by citizens of the United States.
Editor's note · Context
Grant urges Congress to legislate against American citizens owning slaves abroad.
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At the time of the framing of our constitution the only physical forces that had been subdued and made to serve man and do his labor, were the currents in the streams and in the air we breathe.
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.
History shows that no Administration from the time of Washington to the present has been free from these mistakes.
The experience and judgment of the people can best decide just how much currency is required for the transaction of the business of the country.





