The Nome nugget., 1925-04-18
ABSTRACTS FROM PRESIDENT
 COOIIDGEG'S INAUGURAL ADDRESS

Calvin Coolidge today fMarch l., dedicated him self and his administration to the tightening of the of the tax burden at home and to the promoter of Peace through mutual understanding with the nations of the world
 These two purposes outlined in high ret,f by Mir Coolidge in his inaugural address, devef"l from simply decorated stand at the east entrano- of the Capitol just after he had taken his second oath of office the President of the United Sta
 Dividing his attention almost equally betw affairs home and problems abroad and betwee0 things accomplished and achievements .-5pad for NJ Coolidge spoke with assurance the futn44 declaring that because of action already taken all of prosperity lay ahead and a frmer courag and higher hope inspired the heart of all huma, ty.
 "We have been and propose be. more and American he declared. "If We have any heritage, it has been that If have any des- :ny, We have found t in that direction'
 These lines in the field of domestic affairs peint first. the exercise of greater economy in g,yarr ment, and second, reduction of taxation he con- tinued. The election he said had demon. strated that "the polity that stands out with the greatest clearness hat of economy in prhlic es re enditure with reduction and reform of taxation
 'I the policy of economy because I wish money. but because I wish to save people," he declared. "The and of this country who toll the who bear the cost of government. Every dollar that lessly that their life will be much the more Every dollar that prudently save means that their life will be much abundant"
 The practice of such economy, he declared. has brought the time when there be further tax reduction and when. unless wish hamper the people in their right earn a living must have reform"
 He declared his opposition to extremely high tax rates because "they produce little be they bad for the country. and finally be cause they wrong"
 "The verdict of the country has been given on this question:" he added. That verdict stands. We shall do we'll to heed it."
 Prefacing his discussion of America's relation to the world with the declaration that country represents nothing but peaceful intentions toward all the earth" Mir Coolidge set forth ways and means of manifesting that spirit while at the same time maintaining "such a military force as com ports with the dignity and security of great people"
 He reiterated his advocacy of American adher- ence to the Permanent Court of International Jus tice; declared that America having taken the lead in the movement for limitation of armaments "that lead America must continue to hold:' favored con- tinuation of the policy of participating in the world conferences whenever conditions such that there is promise that practical and favorable re- suits might be secured" bespoke continuation of aid to mitigate human suffering and assist in the rehabilitation of distressed nations. and expressed sympathy with the movement clarify information al law and bring about outlawing of aggress- i've warfare.
 We have made great contribution to the set clement of contentious and differences in both Eur ope and Asa.' he said in concluding his discuss ion of foreign affairs But there is a very defnate point beyond which cannot go. We can only help those who help themselves. Mindful of these limitations the great duty that stands out re- balance of the world"
 Only in his address did Mr. Coolidge refer to the election which today brought him to the Presidency for term in his own right, and that after he had declared strongly in favor of strict party responsibility. adding that "common honesty and good faith with the people who sup port a party at he polls require that party when it enters office to the control of that portion of the government to which it has been elected"
 This administration has come into power with very clear and defnate mandate from the people," he said. ''The people declared that they wanted thoir rt~ horo L.,