Ulysses S. Grant

Ulysses S. Grant

Summary

Portrait of Ulysses S. Grant Ulysses S. Grant Second State of the Union Address (1870)

If it means failure to provide the necessary means to defray all the expenses of Government, and thereby repudiation of the public debt and pensions, then I am still more opposed to such kind of revenue reform. Revenue reform has not been defined by any of its advocates to my knowledge, but seems to be accepted as something which is to supply every man's wants without any cost or effort on his part.
A true revenue reform can not be made in a day, but must be the work of national legislation and of time.
Source: Wikisource

Portrait of Ulysses S. Grant Ulysses S. Grant Second State of the Union Address (1870)

With an acquiescence on the part of the whole people in the national obligation to pay the public debt created as the price of our Union, the pensions to our disabled soldiers and sailors and their widows and orphans, and in the changes to the Constitution which have been made necessary by a great rebellion, there is no reason why we should not advance in material prosperity and happiness as no other nation ever did after so protracted and devastating a war.
Source: Wikisource

Portrait of Ulysses S. Grant Ulysses S. Grant Second State of the Union Address (1870)

The opinion that the public lands should be regarded chiefly as a source of revenue is no longer maintained. The rapid settlement and successful cultivation of them are now justly considered of more importance to our well-being than is the fund which the sale of them would produce. The remarkable growth and prosperity of our new States and Territories attest the wisdom of the legislation which invites the tiller of the soil to secure a permanent home on terms within the reach of all.
Source: Wikisource

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