All of those who participate in finding a reasonable solution will be entitled to participate in any credit that accrues from it without regard to party.
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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Under the present circumstances it would be far better to leave the rates as they are than to enact a bill carrying the peril of a deficit.
Any surplus can be applied to debt reduction, and debt reduction is tax reduction.
That is the corner stone of our national credit, the trifling price we pay to command the lowest rate of interest of any great power in the world.
The people ought to take no selfish attitude of pressing for removing moderate and fair taxes which might produce a deficit.
The immediate fruit of economy and the retirement of the public debt is tax reduction.
The Nation must make financial sacrifices, accompanied by a stern self-denial in public expenditures, until we have conquered the disabilities of our public finance.
Without constructive economy in Government expenditures we should not now be enjoying these results or these prospects.
If the people maintain that confidence which they are entitled to have in themselves, in each other, and in America, a comfortable prosperity will continue.
Through this emancipation from the things that are material, we broaden our dominion over the things that are spiritual.
We must strive mightily, but having striven there is a defect in our political and social system if we are not in general rewarded with success.
Work is honorable; it is entitled to an honorable recompense.
We can not expect to be relieved from toil, but we do expect to divest it of degrading conditions.
We need ideals that can be followed in daily life, that can be translated into terms of the home.
But its face ought always to be turned upward, its vision ought always to be fixed on high.
It has to be replenished and sustained through the ceaseless toil of the less inspiring valleys.
They are useless if they are only visionary; they are only valuable if they are practical.
America is not and must not be a country without ideals.
Around it should center all that is best in science, in learning, in letters, and in art.
In the coming years Washington should be not only the art center of our own country but the art center of the world.
Whenever an American is at the seat of his Government, however traveled and cultured he may be, he ought to find a city of stately proportion, symmetrically laid out and adorned with the best that there is in architecture, which would…
If our country wishes to compete with others, let it not be in the support of armaments but in the making of a beautiful capital city.
Into these structures which must be considered as of a permanent nature ought to go the aspirations of the Nation, its ideals expressed in forms of beauty.
This program should represent the best that exists in the art and science of architecture.
We are embarking on an ambitious building program for the city of Washington.
Politicians like Calvin Coolidge
