01/16/1925
https://www.presidency.ucsb.edu...
"The present debt of the United States is about $18,000,000,000."
"Since I have been President, of course, we have entered into a good many new expenditures."
"I am opposed to extravagance, rather than to tax reduction."
"So far as I know, the United States Government is neither favoring nor opposing any particular candidate for the office of President of Nicaragua."