Thursday, February 25, 2010

Destiny of America speech by Calvin Coolidge

Destiny of America speech by Calvin Coolidge: "There is no end of the things which the government could do, seemingly, in the way of public welfare, if it had the money. Everything we want cannot be had at once. It must be earned by toilsome labor. There is a very decided limit to the amount which can be raised by taxation without ruinously affecting the people of the country by virtual confiscation of a part of their past savings."