Yet Americans are not visionary, they are not sentimentalists. They want idealism, but they want it to be practical, they want it to produce results.… - Calvin Coolidge

Democracy is not a tearing down; it is a building up. It is not denial of the divine right of kings; it supplements that same with the assertion of the divine right of all men. It does not destroy; it fulfills. It is the consummation of all theories of government, the spirit of which all the nations of the earth must yield. It is the great constructive course of the ages. It is the alpha and omega of man's relation to man, the beginning and the end. There is, and can be, no more doubt of the triumphs of democracy in human affairs than there is of the triumph of gravitation in the physical world. The only question is how and when. Its foundation lays hold upon eternity. It is unconcerned with the idolatry, or despotism, or treason, or rebellion, or betrayal, but bows in reverence before Moses, or Hamden, or Washington, or Lincoln, or the lights that shone on Calvary.

In my message last year I emphasized the necessity for further legislation with a view to expediting the consolidation of our rail ways into larger systems. The principle of Government control of rates and profits, now thoroughly embedded in our governmental attitude toward natural monopolies such as the railways, at once eliminates the need of competition by small units as a method of rate adjustment. Competition must be preserved as a stimulus to service , but this will exist and can be increased under enlarged systems. Consequently the consolidation of the railways into larger units for the purpose of securing the substantial values to the public which will come from larger operation has been the logical conclusion of Congress in its previous enactments, and is also supported by the best opinion in the country. Such consolidation will assure not only a greater element of competition as to service, but it will afford economy in operation, greater stability in railway earnings, and more economical financing. It opens large possibilities of better equalization of rates between different classes of traffic so as to relieve undue burdens upon agricultural products and raw materials generally, which are now not possible without ruin to small units owing to the lack of diversity of traffic. It would also tend to equalize earnings in such fashion as to reduce the importance of section 15A, at which criticism, often misapplied, has been directed. A smaller number of units would offer less difficulties in labor adjustments and would contribute much to the, solution of terminal difficulties.

Prison reform. Pending before the Congress is a bill which has already passed one House providing for a reformatory to which could be committed first offenders and young men for the purpose of segregating them from contact with banned criminals and providing them with special training in order to reestablish in them the power to pursue a law-abiding existence in the social and economic life of the Nation. This is a matter of so much importance as to warrant the early attention of the present session. Further provision should also be made, for a like reason, for a separate reformatory for women.