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The present estimated margin between public receipts and expenditures for this fiscal year is very small. Perhaps the most important work that this s… - Calvin Coolidge
" "The present estimated margin between public receipts and expenditures for this fiscal year is very small. Perhaps the most important work that this session of the Congress can do is to continue a policy of economy and further reduce the cost of government, in order that we may have a reduction of taxes for the next fiscal year. Nothing is more likely to produce that public confidence which is the forerunner and the mainstay of prosperity, encourage and enlarge business opportunity with ample opportunity for employment at good wages, provide a larger market for agricultural products, and put our country in a stronger position to be able to meet the world competition in trade, than a continuing policy of economy. Of course necessary costs must be met, proper functions of the Government performed, and constant investments for capital account and reproductive effort must be carried on by our various departments. But the people must know that their Government is placing upon them no unnecessary burden.
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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.
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John Calvin Coolidge
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President Coolidge
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J. C. Coolidge
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C. Coolidge
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Additional quotes by Calvin Coolidge
We read events by what goes before and after. We think of Bunker Hill as the first real battle for independence, the prelude to the Revolution. Yet these were both after thoughts. Independence Day was still more than a year away and then eight years from accomplishment. The Revolution cannot be said to have become established until the adoption of the Federal Constitution. No, on this June day, these were not the conscious objects sought. They were contending for the liberties of the country, they were not yet bent on establishing a new nation nor on recognizing that relationship between men which the modern world calls democracy. They were maintaining well their traditions, these sons of Londonderry, lovers of freedom and anxious for the fray, and these sons of the Puritans, whom Macaulay tells us humbly abased themselves in the dust before the Lord, but hesitated not to set foot upon the neck of their king.
Our Constitution has raised certain barriers against too hasty change. I believe such provision is wise. I doubt if there has been any change that has ever really been desired by the people which they have not been able to secure. Stability of government is a very important asset. If amendment be made easy, both revolution and reaction, as well as orderly progress, also become easy. The nation has lost little, but has gained much, through the necessity of due deliberation. The pressing need of the present day is not to change our constitutional rights, but to observe our constitutional rights.
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We revere that day because it marks the beginnings of independence, the beginnings of a constitution that was finally to give universal freedom and equality to all American citizens — the beginnings of a government that was to recognize beyond all others the power and worth and dignity of man. There began the first of governments to acknowledge that it was founded on the sovereignty of the people. There the world first beheld the revelation of modern democracy.
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