We revere that day because it marks the beginnings of independence, the beginnings of a constitution that was finally to give universal freedom and e… - Calvin Coolidge

If no one is to be accounted as born into a superior station, if there is to be no ruling class, and if all possess rights which can neither be bartered away nor taken from them by any earthly power, it follows as a matter of course that the practical authority of the Government has to rest on the consent of the governed. While these principles were not altogether new in political action, and were very far from new in political speculation, they had never been assembled before and declared in such a combination. But remarkable as this may be, it is not the chief distinction of the Declaration of Independence. The importance of political speculation is not to be under-estimated, as I shall presently disclose. Until the idea is developed and the plan made there can be no action.

Our country has a larger Army and a more powerful Navy, costing annually almost twice as much as it ever before had in time of peace. I am a thorough believer in a policy of adequate military preparation. We are constantly working to perfect our defenses in every branch, land forces, air forces, surface and submarine forces. That work will continue. Our Military Establishment of the Army and Navy, the National Guard, and the Reserve Corps is far superior to anything we have ever maintained before, except in time of war. In the past six years we have expended about $4,000,000,000 for this purpose. That ought to show results, and those who have correct information know that it does show results. The country can rest assured that if security lies in military force, it was never so secure before in all its history.

Next to him will come Thomas Jefferson, whose wisdom insured that the Government which Washington had formed should be entrusted to the administration of the people. He emphasized the element of self-government which had been enshrined in American institutions in such a way as to demonstrate that it was practical and would be permanent. In him was likewise embodied the spirit of expansion. Recognizing the destiny of this Country, he added to its territory. By removing the possibility of any powerful opposition from a neighboring state, he gave new guaranties to the rule of the people.