Trade Expansion Quotes
Coolidge's rhetoric did not reflect the fact that his administration was totally indifferent to the serious plight of the American farmer in the 1920's.
His prediction was accurate and the consequence was an increase in the production of agricultural products and a shrinking proportion of Americans employed in farming and ranching.
This has been a difference between England and the United States. The former has always been much more active in promoting business and industry abroad—even forming Government chartered companies for the purpose. In America, the major responsibility has been that of the private companies. When the Government has aided a particular company in an industry, other companies ask why that company and not mone? Other industries argue that if you help sell airplanes who not lawnmowers or dresses.
The entire exploration, founding and colonization of New York was a business enterprise right from the start.