The Nation has need of all that can be contributed to it through the best efforts of all its citizens. The colored people have repeatedly proved thei… - Calvin Coolidge

The procedure under section 28 of the merchant marine act has created great difficulty and threatened friction during the past 12 months. Its attempted application developed not only great opposition from exporters, particularly as to burdens that may be imposed upon agricultural products, but also great anxiety in the different seaports as to the effect upon their relative rate structures. This trouble will certainly recur if action is attempted under this section. It is uncertain in some of its terms and of great difficulty in interpretation.

When I have contemplated these adjustments of business and editorial policy, it has always seemed to me that American newspapers are peculiarly representative of the practical idealism of our country. Quite recently the construction of a revenue statute resulted in giving publicity to some highly interesting facts about incomes. It must have been observed that nearly all the newspapers published these interesting facts in their news columns, while very many of them protested in their editorial columns that such publicity was a bad policy. Yet this was not inconsistent. I am referring to the incident by way of illustrating what I just said about the newspapers representing the practical idealism of America. As practical newsmen they printed the facts. As editorial idealists they protested that there ought to be no such facts available.

There is no surer road to destruction than prosperity without character.