Calvin Coolidge actually said...

"I have a good deal of respect for Mr. Baker's judgment and a high regard for his patriotism, but the matter of settlement or cancellation of our debts has been discussed a great many times."

"I am very keenly alive to the fact that we have in this country now about 20,000,000 security holders who have made investments in the business concerns of the country, and I want to have everything d..."

"The more I think of it, the more I come to the conclusion—I have been giving a little thought along that line until I began to discuss it here—that any real remedy to secure publicity or give the shar..."

"So that the United States doesn't have very complete jurisdiction over them."