Calvin Coolidge actually said...

"Under the terms provided for the reestablishment of lapsed insurance, normal health conditions will permit reinstatement upon the payment of two monthly premiums."

"During the World War the United States Government insured, at an exceedingly low premium rate, nearly 5,000,000 members of the armed forces of the country against death or total permanent disability."

"Many veterans do not seem to have had knowledge of this continuing privilege, and for one reason or another have permitted their war risk insurance to lapse."

"The policy of this Government to favor measures which hold out practical hopes for the limitation of armament is firmly established."