Calvin Coolidge actually said...

"An instrument of such far-reaching magnitude, fraught with so great a power for good to humanity, naturally requires national and international regulation and control."

"This conference recognizes that the radio has become a great influence in the world."

"I am exceedingly interested in reducing as fast as we can, and at the same time maintaining a reasonable rate of taxation, the national debt."

"The weakest place in the line of national defense is at present the large debt of the country."