Business Quote by Ron Chernow
““This encouraged Grant to revive a proposal he had floated a year earlier to connect American canals and rivers into a national network, lowering transport costs and stoking business. He also wanted to revive American shipbuilding, which had been badly damaged during the war, by paying “ample compensation” to American ships that carried mail domestically and abroad. Grant expanded this vision by again endorsing a canal to connect the Atlantic and Pacific Oceans and he had surveys conducted to locate the most feasible site. Quite visionary about this pathway, Grant maintained that “it would add largely to the wealth of the Pacific coast, and, perhaps, change the whole current of the trade of the world.””
About This Quote
Source Book: Grant, by Ron Chernow, 2017
Grant aimed to unify U.S. waterways and revive shipbuilding to boost trade and national wealth.
In simple terms: He wanted cheaper transport and stronger shipbuilding.
Invest in infrastructure to grow economy.
Themes
Mood
Type
When to use this quote
- government planning
- business strategy
- regional development
- global trade
- public investment
Key Concepts
Questions to Reflect On
- How would modern infrastructure projects balance cost and benefit?
- What are the risks of over‑centralizing trade routes?
Political opposition and funding limits could hinder large projects.