Political Quotes

Calvin Coolidge: “I do not favor oppressive measures, but unless money that is borrowed is repaid credit can not be secured in time of…”

On the record
I do not favor oppressive measures, but unless money that is borrowed is repaid credit can not be secured in time of necessity, and there exists besides a moral obligation which our country can not ignore and no other country can evade.
Said by
Calvin Coolidge
Republican · Vermont

Editor's note · Context

Coolidge stresses the moral obligation to repay borrowed money to secure credit in times of need.

Share

More from Calvin Coolidge

Mar 1, 1929

All competitors rated at 70 or more shall be eligible for appointment, and their names shall be placed on the proper register, according to their ratings.

presidency.ucsb.edu
Mar 1, 1929

Mrs. Jeannette J. Donahue, widow of Mr. Peter A. Donahue who died April 13, 1928, after many years of service in the Immigration Service, may be reinstated to an appropriate position in the Department of Labor without regard to the time…

presidency.ucsb.edu
Mar 1, 1929

Examination papers shall be rated on a scale of 100, and the subjects therein shall be given such relative weights as the commission may prescribe.

presidency.ucsb.edu
Mar 1, 1929

No employee entitled to military preference in appointment shall be discharged or dropped or reduced in rank or salary if his record is good.

presidency.ucsb.edu

Other voices in this conversation