His mortal frame has vanished, but his spirit increases with the increasing years the richest legacy of the greatest century. Men show by what they w… - Calvin Coolidge

Such a condition will likewise give opportunity to devote our surplus wealth, not to the payment of high taxes, but to the financing of the needs of other nations. Our country has already through private sources recognized the requirements in this direction and has made large advances to foreign governments and foreign enterprises for the purpose of reestablishing their public credit and their private industry.

The course of our country in recent years has been an example of these principles. We have avoided entanglements by reserving to our own decision when and how we should help. We have not failed to help. We have contributed hundreds of millions of dollars to foreign charities. We have given freely of our counsel to the settlement of difficulties in Latin America and the adjustment of war problems in Europe. We are still pursuing that course. It has been a practical course, and it has secured practical results. One of these most important results is found in the disarmament treaties, which have saved our own country to date about $300,000,000, and likewise relieved other nations. Another important result has been the adoption of the Dawes plan for the settlement of reparations. The effect these will have in averting war and promoting peace cannot possibly be overestimated. They stand out as great monuments, truly directing the course of men along the way to more civilization, more enlightenment, and more righteousness. They appear to me properly to mark the end of the old order, and the beginning of a new era. We hope they are the end of aggressive war and the beginning of permanent peace.

It is a high privilege to sit as a member of this convention. Those who exercise it have been raised to the rank of a true nobility. It is a mark of personal merit which did not come by right of birth but by right of conquest. No one can ever question your title as patriots. No one can ever doubt the place of affection and honor which you hold forevermore in the heart of the Nation. Your right to be here results from what you dared and what you did and the sacrifices which you made for our common country. It is all a glorious story of American enterprise and American valor.