The Washington times., 1924-10-23
PRESIDENT
DEF ENDS
PRESENT
:.
ORDER
New York Delegation Hears
Pledge Of An Understand
ing" Administration
BY GEORGE r. HOLMES,
international News Service.

President Coolidge replied soft
" but pointedly today to those
Of his political opponents who
have been criticising bis admin
istration for being identified too
intimately with the big business
interests Of the country.
He inside a 'tbusiness speech" to
"a delegation Of several hundred
New York business men Who
made q pilgrimage to the back
porch" Of the White House, ard
in the course Of it he took occa-
sion to promise that. if elected,
the business interests Of the
country could expect an admin
istration that understands busi-
ness"
Importance Seen.
The Presidents audience was
made up of members Of the execu.
tive committee Of the New York
Business Mems Republican Associa.
ton.
"You gentlemen who have come
here in behalf Of business" said Mr..
Coolidge, come to speak for an IN.
terest that far surpasseS any other
in the American community.
This Is a business country. pre-
eminent in all kinds Of business, In.
dustrial and agricultural, and Il
II do not mean by that a gov.
eminent by business, nor govern.
ment for business. But / do mean
business. mean a government
able to establish the best possible
relations between the people In
their business capacity and the peo.N
pie in their social capacity.
"It IL not possible in a country
like ours to pick business up In a
gfngerly fashion and set It off to
one side for q careful examination,
as Il It were something rather apart
from the country as a whole. To
treat business in our American life
as II Il were thing apart would
be impossible. It Ii part os our
national life."
Defends Present Status.
The President entered a warm de.
tense Of things as are."
."Our economic system" he de-
clared, Els fundamentally sound. It
has provided our people with the
highest standard Of comfort, the
greatest security Of life that is en-.
joyed by any nation. It has as.
sured US Of the greatest range Of
opportunities that men have ever
enjoyed. It does, indeed, contain
some abuses, but these abuses are
emphasized nut Of all due proper.
4 ton by those who indulge in the
habit Of expressing themselves in
exaggerations.
j THE primary correction Of abuses
lies In the hands Of those who ad-
minister our commerce and indus.
try. II Is they who can prevent the
necessity Of Government interven.
Z ton. Already they have made great
advances in this direction. Their
sense Of responsibility has made
steady growth during the last two
score years
these are the lines Of real
| progress. To tear down system
under which so much of genuine
| progress has been accomplished in
30 short a period, merely because
Of minor defects that have not yet
been entirely eliminated. would be
Ia policy OF destruction. We need
not fear that the American som.
nlunity will commit itself to such a
policy. It is the long expressed
genius of the American people to
build up to construct. That
genius was never more vigorous,
4 never more intent on exercising II,
self than now. It will still con.
4 tinue to be supreme In our coun.
try"
The primal thing necessary In
this country oolidgA said. was -