1921-1923

Wife - Florence Kling De Wolfe (1860-1924)

Vice Presicent Calvin Coolidge (1921-1923)

I have said to the people we meant to have less of government in business as well as more business in government. It is well to have it understood that business has a right to pursue its normal, legitimate, and righteous way unimpeded, and it ought have no call to meet government competition where all risk is borne by the public Treasury. There is no challenge to honest and lawful business success. But government approval of fortunate, untrammeled business does not mean toleration of restraint of trade or of maintained prices by unnatural methods.

-- April 12, 1921

Presidential Fact Sheet