And so I have conceived that the news, properly presented, should be a sort of cross-section of the character of current human experience. It should … - Calvin Coolidge

The next most pressing problem was the better ordering of the finances of the Nation. Our Government was costing almost more than it was worth. It had more people on the pay roll than were necessary, all of which made expenses too much and taxes too high. This inflated condition contributed to the depression which began in 1920. But the Government expenditures have been almost cut in two, taxes have been twice reduced, and the incoming Congress will provide further reductions. Deflation has run its course and an era of business activity and general prosperity, exceeding anything ever before experienced in this country and fairly well distributed among all our people, is already at hand.

Laws are insufficient to endow a nation with righteousness.

To my mind, the great strength of your Society lies in its recognition of the necessity of discipline. We live in an impatient age. We demand results, and demand them at once. We find a long and laborious process very irksome, and are constantly seeking for a short cut. But there is no easy method of securing discipline. It is axiomatic that there is no royal road to learning. The effort for discipline must be intensive, and to a considerable degree it must be lifelong. But it is absolutely necessary, if there is to be any self-direction or any self-control. The worst evil that could be inflicted upon the youth of the land would be to leave them without restraint and completely at the mercy of their own uncontrolled inclinations. Under such conditions education would be impossible, and all orderly development intellectually or morally would be hopeless. I do not need to picture the result. We know too well what weakness and depravity follow when the ordinary processes of discipline are neglected.