Calvin Coolidge Says, June 1, 1931

January 4, 2021

Date: June 1, 1931 Location: Northampton, MA (Original document available here) The keynote both at a recent meeting of steel men and at a later convention of the Foreign Trade Council was the criticism of wholesale selling of manufactured commodities below cost. Profitless merchandising was denounced. Resistance to price cutting and maintenance of prices were urged. […]

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Calvin Coolidge Says, January 1, 1931

December 29, 2020

Date: January 1, 1931 Location: Northampton, MA (Original document available here) Even when we are most certain that we are making no progress, something always is occurring that results in an important advance in human welfare. When we were contemplating a period of economic stagnation the announcement comes of a tentative agreement for establishing four Eastern […]

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Calvin Coolidge Says, February 12, 1931

December 28, 2020

Date: February 12, 1931 Location: Northampton, MA (Original document available here) By a remarkable coincidence the Treasury representatives of two opposite poles of political thought, Ogden L. Mills in the United States and Philip Snowden in Great Britain, simultaneously reach the same conclusions concerning governmental finance. Both say that heavy expenditures will cause a deficit at […]

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Calvin Coolidge Says, February 7, 1931

December 16, 2020

Date: February 7, 1931 Location: Northampton, MA Summary: Coolidge marvels at the complexity of the modern world. (Original document available here) Few of us realize how vast and intricate the organization of modern life becomes. Most of it is private and voluntary, authorized, supervised and taxed by the government, but without any official connection. The most complete […]

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