In my opinion the Government can do more to remedy the economic ills of the people by a system of rigid economy in public expenditure than can be acc… - Calvin Coolidge

" "

In my opinion the Government can do more to remedy the economic ills of the people by a system of rigid economy in public expenditure than can be accomplished through any other action. The costs of our national and local governments combined now stand at a sum close to $100 for each inhabitant of the land. A little less than one-third of this is represented by national expenditure, and a little more than two-thirds by local expenditure. It is an ominous fact that only the National Government is reducing its debt. Others are increasing theirs at about $1,000,000,000 each year. The depression that overtook business, the disaster experienced in agriculture, the lack of employment and the terrific shrinkage in all values which our country experienced in a most acute form in 1920, resulted in no small measure from the prohibitive taxes which were then levied on all productive effort. The establishment of a system of drastic economy in public expenditure, which has enabled us to pay off about one-fifth of the national debt since 1919, and almost cut in two the national tax burden since 1921, has been one of the main causes in reestablishing a prosperity which has come to include within its benefits almost every one of our inhabitants. Economy reaches everywhere. It carries a blessing to everybody.

English
Collect this quote

About Calvin Coolidge

John Calvin Coolidge Jr. (4 July 1872 – 5 January 1933) was the 30th president of the United States (1923–29). A Republican lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state. His response to the Boston Police Strike of 1919 thrust him into the national spotlight and gave him a reputation as a man of decisive action. Soon after, he was elected as the 29th vice president in 1920 and succeeded to the presidency upon the sudden death of Warren G. Harding in 1923. Elected in his own right in 1924, he gained a reputation as a small-government conservative.

Biography information from Wikiquote

Also Known As

Birth Name: John Calvin
Alternative Names: John Calvin Coolidge Jr. John Calvin Coolidge President Coolidge J. C. Coolidge C. Coolidge Silent Cal Silent Cal Coolidge
Go Premium

Support Quotewise while enjoying an ad-free experience and premium features.

View Plans

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by Calvin Coolidge

Ever since the last great conflict the world has been putting a renewed emphasis, not on preparation to succeed in war, but on an attempt by preventing war to succeed in peace. This movement has the full and complete approbation of the American Government and the American people. While we have been unwilling to interfere in the political relationship of other countries and have consistently refrained from intervening except when our help has been sought and we have felt that it could be effectively given, we have signified our willingness to become associated with other nations in a practical plan for promoting international justice through the World Court. Such a tribunal furnishes a method of the adjustment of international differences in accordance with our treaty rights and under the generally accepted rules of international law. When questions arise which all parties agree ought to be adjudicated but which do not yield to the ordinary methods of diplomacy, here is a forum to which the parties may voluntarily repair in the consciousness that their dignity suffers no diminution and that their cause will be determined impartially, according to the law and the evidence. That is a sensible, direct, efficient, and practical method of adjusting differences which can not fail to appeal to the intelligence of the American people.

It is not here necessary to examine in detail the causes which led to the American Revolution. In their immediate occasion they were largely economic. The colonists objected to the navigation laws which interfered with their trade, they denied the power of Parliament to impose taxes which they were obliged to pay, and they therefore resisted the royal governors and the royal forces which were sent to secure obedience to these laws. But the conviction is inescapable that a new civilization had come, a new spirit had arisen on this side of the Atlantic more advanced and more developed in its regard for the rights of the individual than that which characterized the Old World. Life in a new and open country had aspirations which could not be realized in any subordinate position. A separate establishment was ultimately inevitable. It had been decreed by the very laws of human nature. Man everywhere has an unconquerable desire to be the master of his own destiny.

National elections. Nothing is so fundamental to the integrity of a republican form of government as honesty in all that relates to the conduct of elections. I am of the opinion that the national laws governing the choice of members of the Congress should be extended to include appropriate representation of the respective parties at the ballot box ant equality of representation on the various registration boards, wherever they exist.

Loading...