Our Government during the war acquired a large merchant fleet which should be transferred, as soon as possible, to private ownership and operation under conditions which would secure two results: First, and of prime importance, adequate means for national defense; second, adequate service to American commerce.
Calvin Coolidge: “Our Government during the war acquired a large merchant fleet which should be transferred, as soon as possible, to…”
Editor's note · Context
Coolidge advocates for transferring government-owned merchant ships to private ownership for national defense and commerce.
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