The president said nothing about the views of government in regard to the possibility of Carolinas seceding. This however was frequently spoken of by other statesmen at the North. I think they were unanimous in this, that no army would be sent here.
“The definition of winning has become distorted. If winning the rights to a property brings with it hundreds of millions of dollars in losses, what have you won? When faced with the prospect of heavy financial losses, we have consistently walked away and have done so again.”