Another is the elimination of many kinds of waste.
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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Our present state of prosperity has been greatly promoted by three important causes, one of which is economy, resulting in reduction and reform in national taxation.
What the country requires is not so much new policies as a steady continuation of those which are already being crowned with such abundant success.
In reporting to the Congress the state of the Union, I find it impossible to characterize it other than one of general peace and prosperity.
It is the growth and improvement of the material and spiritual life of the Nation.
All its efforts would be of little avail unless they brought more justice, more enlightenment, more happiness and prosperity into the home.
In all your deliberations you should remember that the purpose of legislation is to translate principles into action.
If they will continue industrious and thrifty, contented with fair wages and moderate profits, and the returns which accrue from the development of oar natural resources, our prosperity will extend itself indefinitely.
If the people are to be dominated by selfishness, seeking immediate riches by nonproductive speculation and by wasteful quarreling over the returns from industry, they will be confronted by the inevitable results of depression and…
The only way that we can all secure more of it is to create more.
It will continue only so long as we shall use it properly.
No other utterance ever presented such a practical rule of life.
An enlarged freedom can only be secured by the application of the golden rule.
It reduces to serfdom not only those against whom it is directed, but also those who seek to apply it.
This condition can not be granted to others, or enjoyed by ourselves, except by the application of the principle of broadest tolerance.
But it does mean the full right to liberty and equality before the law without distinction of race or creed.
This does not include any license to injure others materially, physically, morally, to Incite revolution, or to violate the established customs which have long had the sanction of enlightened society.
It is fundamental of our institutions that they seek to guarantee to all our inhabitants the right to live their own lives under the protection of the public law.
Our country has many elements in its population, many different modes of thinking and living, all of which are striving in their own way to be loyal to the high ideals worthy of the crown of American citizenship.
Those who do violence to them should be punished for their crimes.
They should be protected from all violence and supported in the peaceable enjoyment of the fruits of their labor.
They need reassurance that the requirements of the Government and society to deal out to them even-handed justice will be met.
But they do still need sympathy, kindness, and helpfulness.
The progress which they have made in all the arts of civilization in the last 60 years is almost beyond belief.
We should have this information before creating further obligations for retirement annuities which will become liabilities to be met in the future from the money of the taxpayer.
Politicians like Calvin Coolidge
