When we take all these circumstances into consideration, it is but natural that the first paragraph of the Declaration of Independence should open wi… - Calvin Coolidge

It is a false doctrine that labor must assume all management. Those best suited for management must manage, whatever may lie their source. Every industry is searching eagerly for brains. My observation convinces me that most business firms pledged to welfare work are interested in their employed; they often remain open in order to protect those who serve them, even though it might be more profitable for them to close down. People need to stop to think, when the laborer clamors against the unorganized labor market, whether the menace is from the immigrant or from some other source. For no business enterprise wishes its help to leave that it may employ others; the turnover is one of the most expensive things industry has to face. The expense of breaking in new help is appalling.

No more important development has taken place in the last year than the beginning of a restoration of agriculture to a prosperous condition. We must permit no division of classes in this country, with one occupation striving to secure advantage over another. Each must proceed under open opportunities and with a fair prospect of economic equality. The Government can not successfully insure prosperity or fix prices by legislative fiat. Every business has its risk and its times of depression. It is well known that in the long run there will be a more even prosperity and a more satisfactory range of prices under the natural working out of economic laws than when the Government undertakes the artificial support of markets and industries. Still we can so order our affairs, so protect our own people from foreign competition, so arrange our national finances, so administer our monetary system, so provide for the extension of credits, so improve methods of distribution, as to provide a better working machinery for the transaction of the business of the Nation with the least possible friction and loss. The Government has been constantly increasing its efforts in these directions for the relief and permanent establishment of agriculture on a sound and equal basis with other business.

The union of these four Presidents carved on the face of the everlasting hills of South Dakota will constitute a distinctly national monument. It will be decidedly American in conception, in its magnitude, in its meaning and altogether worthy of our Country. No one can look upon it understandingly without realizing that it is a picture of hope fulfilled. Its location will be significant. Here in the heart of the continent, on the side of a mountain which probably no white man had ever beheld in the days of Washington, in territory which was acquired by the action of Jefferson, which remained an unbroken wilderness beyond the days of Lincoln, which was especially beloved by Roosevelt, the people of the future will see history and art combined to portray the spirit of patriotism. They will know that the figure of these Presidents has been placed here because by following the truth they built for eternity. The fundamental principles which they represented have been wrought into the very being of our Country. They are steadfast as these ancient hills.