COOLIDGE SAYS U.S. ECONOMIC SYSTEM 'FUNDAMENTALLY SOUND'
Washington, D.C. (JFK+50) On October 23, 1924, President Calvin Coolidge spoke to "several hundred members of the New York Business Men's Republican Association" on the south grounds of the White House.
The Evening Star reports that the President declared the economic system of the United States is "fundamentally sound."
Mr. Coolidge warned the people of the United States to "think" before they tear down a system under which "so much has been accomplished."
The President said...
"This is a business country, pre-eminent in all kinds of business, industrial and agricultural and it wants a business government."
SOURCE
"Foolish To Wreck U.S. To Heal Minor Ill, Says Coolidge," The Evening Star, Washington, D.C., October 23, 1924, Chronicling America, Library of Congress, www.loc.gov/
