That statement can not be too much emphasized. The country's growth has compelled the Federal establishment to exceed by far the Government plants of… - Calvin Coolidge

When we look over the rest of the world, in spite of all its devastation there is encouragement to believe it is on a firmer moral foundation than it was in 1914. Much of the old despotism has been swept away, While some of it comes creeping back disguised under new names, no one can doubt that the general admission of the right of the people to self-government has made tremendous progress in nearly every quarter of the globe. In spite of the staggering losses and the grievous burden of taxation, there is a new note of hope for the individual to be more secure in his rights, which is unmistakably clearer than ever before. With all the troubles that beset the Old World, the former cloud of fear is evidently not now so appalling. It is impossible to believe that any nation now feels that it could better itself by war, and it is apparent to me that there has been a very distinct advance in the policy of peaceful and honorable adjustment of international differences. War has become less probable; peace has become more secure. The price which has been paid to bring about this new condition is utterly beyond comprehension. We can not see why it should not have come in orderly and peaceful methods without the attendant shock of fire and sword and carnage. We only know that it is here. We believe that on the ruins of the old order a better civilization is being constructed.

After a few years of private retirement he emerged to pay a visit to this country, one hundred years ago. Congress bestowed upon him citizenship and treasure and he was received everywhere with reverence and acclaim. When the Revolution of July occurred in 1830 he once more became Commander of the National Guard, where his influence saved his people from horrible excesses. Again there was an effort to establish a republic and make him President. But he thought a constitutional monarchy best adapted to the needs of his nation. So he refused this most appealing of all honors and returned to his country home. His long career was ended.

Ultimately nations, like individuals, can not depend upon each other but must depend upon themselves. Each one must work out its own salvation. We have every desire to help. But with all our resources we are powerless to save unless our efforts meet with a constructive response. The situation in our own country and all over the world is one Chat can be improved only by bard work and self-denial. It is necessary to reduce expenditures, increase savings and liquidate debts. It is in this direction that there lies the greatest hope of domestic tranquility and international peace. Our own country ought to finish the leading example in this effort. Our past adherence to this policy, our constant refusal to maintain a military establishment that could be thought to menace the security of others, our honorable dealings with other nations whether great or small, has left us in the almost constant enjoyment of peace.