Calvin Coolidge Says, December 12, 1930

January 26, 2021

Date: December 12, 1930 Location: Northampton, MA Summary: Sales by installment payments do not encourage extravagant spending.  This form of credit is a powerful demonstration of trust among the public. (Original document available here) Three or four years ago there began considerable discussion of the practice of installment sales. While the system was by no means […]

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