I leave the governor's office next week, and with it public life[which] has been on the whole a pleasant one. But for ten years and over my salaries have not equalled my expenses, and there has been a feeling of responsibility, a lack of independence, and a necessary neglect of my family and personal interests and comfort, which make the prospect of a change comfortable to think of.

I do not think a revival of business will be greatly postponed by [Samuel J.] Tilden's election. Business prosperity does not, inmy judgment, depend on government so much as men commonly think.

If a liberal policy towards the late Rebels is adopted, the ultra Republicans are opposed to it; if the colored people are honored, the extremists of the other wing cry out against it. I suspect I am right in both cases.

General education is the best preventive of the evils now most dreaded. In the civilized countries of the world, the question is how to distribute most generally and equally the property of the world. As a rule, where education is most general the distribution of property is most general.... As knowledge spreads, wealth spreads. To diffuse knowledge is to diffuse wealth. To give all an equal chance to acquire knowledge is the best and surest way to give all an equal chance to acquire property.

The ex-Presidential situation has its advantages, but with them are certain drawbacks. The correspondence is large. The meritorious demands on one are large. More independent out than in place, but still something of the bondage of the place that was willingly left. On the whole, however, I find many reasons to be content.

I regard the inflation acts as wrong in all ways. Personally I am one of the noble army of debtors, and can stand it if others can. But it is a wretched business.

My policy is trust peace and to put aside the bayonet.