The vision which inspired all his efforts in public service
is best expressed by President Coolidge himself in this eloquent statement of
American capitalism:
"After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing, and prospering in the world. I am strongly of the opinion that the great majority of people will always find these are moving impulses in our life…. In all experience, the accumulation of wealth means the multiplication of schools, the encouragement of science, the increase of knowledge, the dissemination of intelligence, the broadening of outlook, the expansion of liberties, the widening of culture.
Of course the accumulation of wealth cannot be justified as the chief end of existence. But we are compelled to recognize it as a means to well-nigh every desirable achievement. So long as wealth is made the means and not the end, we need not greatly fear it. . . .
It is only those who do not understand our people who believe that our national life is entirely absorbed by material motives. We make no concealment of the fact that we want wealth, but there are many other things that we want very much more. We want peace and honor, and that charity which is so strong an element of all civilization. The chief ideal of the American people is idealism. I cannot repeat too often that America is a nation of idealists."
-- President Calvin Coolidge's address to the American Society of Newspaper Editors, Washington D.C., January 25, 1926
http://alineofsight.com/policy/calvin-coolidge-champion-of-smaller-government
"After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing, and prospering in the world. I am strongly of the opinion that the great majority of people will always find these are moving impulses in our life…. In all experience, the accumulation of wealth means the multiplication of schools, the encouragement of science, the increase of knowledge, the dissemination of intelligence, the broadening of outlook, the expansion of liberties, the widening of culture.
Of course the accumulation of wealth cannot be justified as the chief end of existence. But we are compelled to recognize it as a means to well-nigh every desirable achievement. So long as wealth is made the means and not the end, we need not greatly fear it. . . .
It is only those who do not understand our people who believe that our national life is entirely absorbed by material motives. We make no concealment of the fact that we want wealth, but there are many other things that we want very much more. We want peace and honor, and that charity which is so strong an element of all civilization. The chief ideal of the American people is idealism. I cannot repeat too often that America is a nation of idealists."
-- President Calvin Coolidge's address to the American Society of Newspaper Editors, Washington D.C., January 25, 1926
http://alineofsight.com/policy/calvin-coolidge-champion-of-smaller-government
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