The speedy action that has been taken on the first four reservations I should think would indicate that there would be little, if any, difficulty in the 5th reservation.
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.
I see no reason why the United States shouldn't have the same right which it would have under the 5th reservation.
Our Government has taken an attitude on that which I do not think will be changed.
It is sometimes easier for a person that is in private life and no longer charged with the responsibilities of the administration of public affairs to make a larger expenditure of the taxpayers' money than it is for those who have to be…
I have a good deal of respect for Mr. Baker's judgment and a high regard for his patriotism, but the matter of settlement or cancellation of our debts has been discussed a great many times.
I didn't see Mr. Brush's article or interview or whatever it may have been relative to foreign debts.
Mr. Baker I know is a perfectly sincere man and I don't want too much made of my suggestion that it is easier to make up your mind when you are not charged with public responsibility than it is when you are responsible for making the…
So, as far as I am informed, I know of no reason for making any change in our policy.
It has been pointed out time and time again that this money has to be paid by our taxpayers unless it is paid by the taxpayers of the country or the countries which borrowed the money.
I would like to see him and talk to him sometime about the Mexican situation and get, of course, his firsthand views about it.
I am very keenly alive to the fact that we have in this country now about 20,000,000 security holders who have made investments in the business concerns of the country, and I want to have everything done that can be done adequately to…
So that the United States doesn't have very complete jurisdiction over them.





