Political Quotes

Calvin Coolidge: Those who wish to benefit foreign producers are much more likely to secure that result by continuing the present…

On the record
Those who wish to benefit foreign producers are much more likely to secure that result by continuing the present enormous purchasing power which comes from our prosperity that increased our imports over 71 per cent in four years than from any advantages that are likely to accrue from a general tariff reduction.
Said by
Calvin Coolidge
Republican · Vermont

Editor's note · Context

He argues that maintaining strong purchasing power is more beneficial for foreign producers than reducing tariffs.

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