I want to see America set the example to the world both in our domestic and foreign relations of magnanimity. - Calvin Coolidge

Those portions of the present law contemplating consolidations are not, sufficiently effective in producing expeditious action and need amplification of the authority of the Interstate Commerce Commission, particularly in affording a period for voluntary proposals to the commission and in supplying Government pressure to secure action after the expiration of such a period.

Looking back only a few years, we appreciate how rapid has been the progress of the colored people on this continent. Emancipation brought them the opportunity of which they have availed themselves. It has been calculated that in the first year following the acceptance of their status as a free people, there were approximately 4,000,000 members of the race in this country, and that among these only 12,000 were the owners of their homes; only 20,000 among them conducted their own farms, and the aggregate wealth of these 4,000,000 people hardly exceeded $20,000,000. In a little over a half century since, the number of business enterprises operated by colored people had grown to near 50,000, while the wealth of the Negro community has grown to more than $1,100,000,000. And these figures convey a most inadequate suggestion of the material progress. The 2,000 business enterprises which were in the hands of colored people immediately following emancipation were almost without exception small and rudimentary. Among the 50,000 business operations now in the hands of colored people may be found every type of present-day affairs. There are more than 70 banks conducted by thoroughly competent colored business men. More than 80 percent of all American Negroes are now able to read and write. When they achieved their freedom not 10 percent were literate. There are nearly 2,000,000 Negro pupils in the public schools; well-nigh 40,000 Negro teachers are listed, more than 3,000 following their profession in normal schools and colleges. The list of educational institutions devoting themselves to the race includes 50 colleges, 13 colleges for women, 26 theological schools, a standard school of law, and 2 high-grade institutions of medicine. Through the work of these institutions the Negro race is equipping men and women from its own ranks to provide its leadership in business, the professions, in all relations of life.

The Constitution of the United States has for its almost sole purpose the protection of the freedom of the people. We must combat every attempt to break down or to make it easy, under the pretended guise of legal procedure, to throw open the way to reaction or revolution. To adopt any other course is to put in jeopardy the sacred right to life, liberty, property, and the pursuit of happiness.