On the record
I do not favor the cancellation of this debt, but I see no objection to adjusting it in accordance with the principle adopted for the British debt.
Source
gutenberg.orgCalvin Coolidge: “I do not favor the cancellation of this debt, but I see no objection to adjusting it in accordance with the principle…”
Editor's note · Context
Coolidge discusses the importance of adjusting national debts rather than canceling them outright.
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