Calvin Coolidge actually said...

On July 16, 1925, the President signed an Executive Order, directing the Secretary of the Treasury to remit to the Board of Trustees of the China Foundation for the Promotion of Education and Culture, as the agent designated by the Chinese Government to receive them, all payments of the annual installments of the Chinese indemnity made subsequent to October 1, 1917, including sums already received and all future payments in respect to the indemnity.

07/20/1925

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