Calvin Coolidge Says, March 5, 1931

January 18, 2021

Date: March 5, 1931 Location: Northampton, MA (Original document available here) The Senate has resolved that the executive department of the government should take no action concerning making foreign loans by the people of this country. Early in the Harding administration when credit was scarce and interest high, foreigners were borrowing our capital. There was […]

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Calvin Coolidge Says, February 6, 1931

December 16, 2020

Date: February 6, 1931 Location: Northampton, MA Summary: Coolidge defends banking, highlighting the necessity of the financial sector to the life of the nation. (Original document available here) We do not often think what an important service for all the people is performed by the banks. When matters are going smoothly we naturally take results for […]

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