It should be the aim to assist the farmer to work out his own salvation socially and economically.
Calvin Coolidge
The Public Record
Calvin Coolidge was the 30th President of the United States, serving from 1923 to 1929. A member of the Republican Party, he was known for his quiet demeanor and strong support for business and limited government. Coolidge's presidency is often associated with the economic prosperity of the Roaring Twenties, and he famously advocated for a hands-off approach to the economy, believing that government should interfere as little as possible in the lives of citizens and businesses.
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The fact is that economic progress never marches forward in a straight line.
He is using authenticated facts and employing sound methods which other industries are obliged to use to secure stability and prosperity.
The individual farmer is entitled to great credit for the progress made since 1921.
The level of farm prices has risen while others have fallen, so that the purchasing power of the farmer is approaching a normal figure.
Costs have been reduced and the average output of the worker increased.
Production is better balanced and without acute shortage or heavy surplus.
The arts of peace are even more important to them and to us.
We ought to lend our encouragement in any way we can for more good roads to all the principal points in this hemisphere south of the Rio Grande.
Wherever our flag goes the rights of humanity increase.
It is a guaranty of peace and security at home, and when it goes abroad it is an instrument for the protection of the legal rights of our citizens under international law, a refuge in time of disorder, and always the servant of world peace.
But it should be known to all that our military power holds no threat of aggrandizement.
No outside influence should enlarge it or diminish it.
Where there is no treaty limitation, the size of the Navy which America is to have will be solely for America to determine.
It should especially be demonstrated that propaganda will not cause us to change our course.
It should be made clear to all the world that lacking a definite agreement, the attitude of any other country is not to be permitted to alter our own policy.
Any future treaty of limitation will call on us for more ships.
It can never be relieved of the responsibility of adequate national defense.
This country has put away the Old World policy of competitive armaments.
We are responsible for the protection of a large population and the greatest treasure ever bestowed upon any people.
Being a nation relying not on force, but on fair dealing and good will, to maintain peace with others, we have provided a moderate military force in a form adapted solely to defense.
While welcoming information from any quarter, the Congress should continue to exercise its own judgment in a matter so vital and important to all the interests of the country as taxation.
The Constitution has given the Members of the Congress sole authority to decide what tax measures shall be presented for approval.
Any bill for tax reduction should be written by those who are responsible for raising, managing, and expending the finances of the Government.
The Congress has already demonstrated that tax legislation can be removed from purely political consideration into the realm of patriotic business principles.
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