Calvin Coolidge Quotes

Borrowed money, even when owing to a nation by another nation, should be repaid. They hired the money, didn't they? Let them pay it.

 
Context
Debts accumulated by the allies in World War I was still outstanding a decade later. When it was proposed that the United States help reduce this debt, President Coolidge remarked:
Calvin Coolidge
Calvin Coolidge
  • Born: July 4, 1872
  • Died: January 5, 1933
  • Nationality: American
  • Profession: President

John Calvin Coolidge Jr. was an American politician and the 30th president of the United States from 1923 to 1929. A Republican lawyer from New England, born in Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor. His response to the Boston Police Strike of 1919 thrust him into the national spotlight and gave him a reputation as a man of decisive action. The next year, he was elected vice president of the United States, and he succeeded to the presidency upon the sudden death of Warren G. Harding in 1923. Elected in his own right in 1924, he gained a reputation as a small government conservative and also as a man who said very little, although having a rather dry sense of humor.