11/19/1923
https://www.presidency.ucsb.edu...
"That seems to be due in large part to the attitude of those that are interested in the lumber companies."
"I don't know of any proposal that has been made, certainly since I have been President, and I doubt if any was ever made, of such an extortionate nature as that provided for in the bill passed by the ..."
"It was obvious that the farther away from them the power of government was located, and the less control they had over it, the more danger there was that it would be exercised arbitrarily and despotic..."
"Such actions are always taken on the assumption that they are a public benefit."