The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1923-08-09
INSIGHT TO THE AMERlcANiSM
OF CALVIN COOLIDGE.

In "a farm house near an obscure
village in Vermont by the light of an
oil lamp. and we suspect with his
hand resting upon the open pages OF
a thumb-worn family Bible, Calvin
Coolidge took the oath that made him
president of the United States. The
oath was administered by his father, a
notary public. in the home of his
childhood. where he had gone for rest
and relaxation. There in those simple
surroundings the torch of government
was taken from the hand of the fallen
leader, and the millions of his coun-
trymen, bowed with grief, turned to
the new president with confidence and
loyal support The secret of this re-
markable exposition of self govern
ment, this actual example of the rule
of the people under the laws of their
own making. is found in this extract
from the speech of Calvin Coolidge in
accepting the nomination for vice
president:
THE destiny, the greatness of
America lies around the hearth
stone. If thrift and industry are
taught there, and the example of
sacrifice oft appears. if honor
abide there, and high ideals, if
there the building of fortune be
subordinate to the building of
character America will live in Sc
curity, rejoicing in an abundant
prosperity and good government
at home, and in peace, respect, and
confidence abroad If these virtues
be absent there is no power that
can supply these blessings. Look
well. then to the hearthstone,
therein all hope for America lies"
The country is fortunate in having
man of the high character and stsr-
ling qualifications possessed by Calvin
Coolidge to take over the reins of gov
eminent. His record as governor of
Massachusetts made him prominent
candidate for the republican nomina-
ton for president two years ago. and
since he was elevated to the vice pres
idency he has kept in close touch with
governmental affairs and has at all
times been in close sympathy with
the Harding policies. which he was
quick to announce that he would
faithfully carry out His idea of gov
eminent and its purposes was clearly
stated in his speech of acceptance,
which indicates that he possesses the
elements that will make of him a
great president In that speech he
said:
The great aim of our govern
ment is to protect the weak-to
aid them to become strong How
can our people be made strong?
Only as they draw strength from
our industries. How can they do
that? Only by building up our in
dustries and making them strong.
This is fundamental. 1t is the
place to begin. These are the in
struments of all our achievements
When they fall. all fall. When
they prosper all prosper. Work
ingmen's compensation. hours and
conditions of labor are cold con-
solutions if there be no employ
ment And employment can be
had only if some one finds it pro1
htable The greater the profit. the
greater the wages"
In the same speech President Cool
dge summed up the sound principle r
hat should govern taxation in this n
iief paragraph: [
Taxes must be measured by
ability TO meet them out of sur o
plus income Industry must ex-
pand or fail. It must show a sur
plus after all payments of wages. q
taxes and returns to investors. |
Consumption can call once; then a
all is over" a
NJ