Quotes about burden
page 4

Francis Escudero photo

“While we simply see the provisions, he would see the costs hidden in each section, and then proceed to remind us of their burden to taxpayers.”

Francis Escudero (1969) Filipino politician

2013, Speech: Nomination of Senator Ralph Recto as Senate Pro Tempore

Benjamin Graham photo

“The money cost of the reservoir plan literally fades into insignificance when it is compared with the financial burden which the great depression imposed on the nation.”

Benjamin Graham (1894–1976) American investor

Part II, Chapter IX, The Cost of the Reservoir Plan, p. 114
Storage and Stability (1937)

Virat Kohli photo

“Tendulkar has carried the burden of the nation for 21 years. It is time we carried him on our shoulders.”

Virat Kohli (1988) Indian cricket player

Kohli, when he carried Sachin Tendulkar on his shoulders after India won ICC Cricket World Cup 2011, quoted on dna, "Not just Tendulkaresque, Kohli is a beautiful blend of Fab Five" http://www.dnaindia.com/sport/report-not-just-tendulkaresque-kohli-is-a-beautiful-blend-of-fab-five-2195248, March 29, 2016.

Carl Friedrich Gauss photo
George Bernard Shaw photo
Rosa Luxemburg photo
Adam Smith photo
Frederick Douglass photo

“I was not more than thirteen years old, when in my loneliness and destitution I longed for some one to whom I could go, as to a father and protector. The preaching of a white Methodist minister, named Hanson, was the means of causing me to feel that in God I had such a friend. He thought that all men, great and small, bond and free, were sinners in the sight of God: that they were by nature rebels against His government; and that they must repent of their sins, and be reconciled to God through Christ. I cannot say that I had a very distinct notion of what was required of me, but one thing I did know well: I was wretched and had no means of making myself otherwise. I consulted a good old colored man named Charles Lawson, and in tones of holy affection he told me to pray, and to 'cast all my care upon God'. This I sought to do; and though for weeks I was a poor, broken-hearted mourner, traveling through doubts and fears, I finally found my burden lightened, and my heart relieved. I loved all mankind, slaveholders not excepted, though I abhorred slavery more than ever. I saw the world in a new light, and my great concern was to have everybody converted. My desire to learn increased, and especially, did I want a thorough acquaintance with the contents of the Bible”

Frederick Douglass (1818–1895) American social reformer, orator, writer and statesman

Source: 1880s, Life and Times of Frederick Douglass (1881), pp. 110–111.

Adam Smith photo
Euclid Tsakalotos photo

“I made a decision that will burden me for the rest of my life. I don't know if we did the right thing, however I do know that we felt like we had no other choice but do what we did.”

Euclid Tsakalotos (1960) Greek economist and politician

" Greek finance minister: 'I don't know if we did the right thing' http://www.theguardian.com/business/video/2015/jul/16/greek-bailout-finance-minister-vote-video" (16 July 2015)

Lauren Bacall photo
Orson Scott Card photo
Edwin Abbott Abbott photo
Alexander H. Stephens photo

“Again, the subject of internal improvements, under the power of Congress to regulate commerce, is put at rest under our system. The power, claimed by construction under the old constitution, was at least a doubtful one; it rested solely upon construction. We of the South, generally apart from considerations of constitutional principles, opposed its exercise upon grounds of its inexpediency and injustice. Notwithstanding this opposition, millions of money, from the common treasury had been drawn for such purposes. Our opposition sprang from no hostility to commerce, or to all necessary aids for facilitating it. With us it was simply a question upon whom the burden should fall. In Georgia, for instance, we have done as much for the cause of internal improvements as any other portion of the country, according to population and means. We have stretched out lines of railroads from the seaboard to the mountains; dug down the hills, and filled up the valleys at a cost of not less than $25,000,000. All this was done to open an outlet for our products of the interior, and those to the west of us, to reach the marts of the world. No State was in greater need of such facilities than Georgia, but we did not ask that these works should be made by appropriations out of the common treasury. The cost of the grading, the superstructure, and the equipment of our roads was borne by those who had entered into the enterprise. Nay, more not only the cost of the iron no small item in the aggregate cost was borne in the same way, but we were compelled to pay into the common treasury several millions of dollars for the privilege of importing the iron, after the price was paid for it abroad. What justice was there in taking this money, which our people paid into the common treasury on the importation of our iron, and applying it to the improvement of rivers and harbors elsewhere? The true principle is to subject the commerce of every locality, to whatever burdens may be necessary to facilitate it. If Charleston harbor needs improvement, let the commerce of Charleston bear the burden. If the mouth of the Savannah river has to be cleared out, let the sea-going navigation which is benefited by it, bear the burden. So with the mouths of the Alabama and Mississippi river. Just as the products of the interior, our cotton, wheat, corn, and other articles, have to bear the necessary rates of freight over our railroads to reach the seas. This is again the broad principle of perfect equality and justice, and it is especially set forth and established in our new constitution.”

Alexander H. Stephens (1812–1883) Vice President of the Confederate States (in office from 1861 to 1865)

The Cornerstone Speech (1861)

Edith Stein photo
Edward Jenks photo
Julien Offray de La Mettrie photo
Thomas Jefferson photo
William Jennings Bryan photo
Calvin Coolidge photo

“In my opinion the Government can do more to remedy the economic ills of the people by a system of rigid economy in public expenditure than can be accomplished through any other action. The costs of our national and local governments combined now stand at a sum close to $100 for each inhabitant of the land. A little less than one-third of this is represented by national expenditure, and a little more than two-thirds by local expenditure. It is an ominous fact that only the National Government is reducing its debt. Others are increasing theirs at about $1,000,000,000 each year. The depression that overtook business, the disaster experienced in agriculture, the lack of employment and the terrific shrinkage in all values which our country experienced in a most acute form in 1920, resulted in no small measure from the prohibitive taxes which were then levied on all productive effort. The establishment of a system of drastic economy in public expenditure, which has enabled us to pay off about one-fifth of the national debt since 1919, and almost cut in two the national tax burden since 1921, has been one of the main causes in reestablishing a prosperity which has come to include within its benefits almost every one of our inhabitants. Economy reaches everywhere. It carries a blessing to everybody.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Second State of the Union Address (1924)

Joan Robinson photo
Albert Speer photo
Garry Kasparov photo

“This obligation to move can be a burden to a player without strategic vision.”

Garry Kasparov (1963) former chess world champion

Part I, Chapter 3, Strategy And Tactics At Work, p. 36
2000s, How Life Imitates Chess (2007)

Donald J. Trump photo

“After consultation with my Generals and military experts, please be advised that the United States Government will not accept or allow…… [Continued in another tweet 9 minutes later] …. Transgender individuals to serve in any capacity in the U. S. Military. Our military must be focused on decisive and overwhelming….. [after another 4 minutes] …. victory and cannot be burdened with the tremendous medical costs and disruption that transgender in the military would entail. Thank you”

Donald J. Trump (1946) 45th President of the United States of America

Series https://twitter.com/realDonaldTrump/status/890193981585444864 of https://twitter.com/realDonaldTrump/status/890196164313833472 tweets https://twitter.com/realDonaldTrump/status/890197095151546369 by @realDonaldTrump. The Chairman of the Joint Chiefs of Staff, General Joseph Dunford, subsequently wrote to senior commanders https://www.nytimes.com/2017/07/27/us/politics/transgender-military-trump-ban.html that "We will continue to treat all of our personnel with respect" until the White House sends the Defense Department new rules and the secretary of defense issues new guidelines. (26 July 2017)
2010s, 2017, July

Calvin Coolidge photo

“Peace has an economic foundation to which too little attention has been given. No student can doubt that it was to a large extent the economic condition of Europe that drove those overburdened countries headlong into the World War. They were engaged in maintaining competitive armaments. If one country laid the keel of one warship, some other country considered it necessary to lay the keel of two warships. If one country enrolled a regiment, some other country enrolled three regiments. Whole peoples were armed and drilled and trained to the detriment of their industrial life, and charged and taxed and assessed until the burden could no longer be borne. Nations cracked under the load and sought relief from the intolerable pressure by pillaging each other. It was to avoid a repetition of such a catastrophe that our Government proposed and brought to a successful conclusion the Washing- ton Conference for the Limitation of Naval Armaments. We have been altogether desirous of an extension of this principle and for that purpose have sent our delegates to a preliminary conference of nations now sitting at Geneva. Out of that conference we expect some practical results. We believe that other nations ought to join with us in laying aside their suspicions and hatreds sufficiently to agree among themselves upon methods of mutual relief from the necessity of the maintenance of great land and sea forces. This can not be done if we constantly have in mind the resort to war for the redress of wrongs and the enforcement of rights. Europe has the League of Nations. That ought to be able to provide those countries with certain political guaranties which our country does not require. Besides this there is the World Court, which can certainly be used for the determination of all justifiable disputes. We should not underestimate the difficulties of European nations, nor fail to extend to them the highest degree of patience and the most sympathetic consideration. But we can not fail to assert our conviction that they are in great need of further limitation of armaments and our determination to lend them every assistance in the solution of their problems. We have entered the conference with the utmost good faith on our part and in the sincere belief that it represents the utmost good faith on their part. We want to see the problems that are there presented stripped of all technicalities and met and solved in a way that will secure practical results. We stand ready to give our support to every effort that is made in that direction.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Ways to Peace (1926)

Herbert Morrison photo
Brandon Boyd photo
Robert M. La Follette Sr. photo
Calvin Coolidge photo
Mikhail Bulgakov photo

“It's all over, so let's not burden the telegraph system.”

Book One in 'The Incident at Griboyedov', B/O
The Master and Margarita (1967)

Clement of Alexandria photo
Bruce Fein photo
Lewis Mumford photo
Karen Armstrong photo
Emma Thompson photo
Ernest Mandel photo
David Morrison photo
Mo Yan photo
Bruce Springsteen photo
Tad Williams photo

“Thank you for your news, Princess. It is none of it happy, but only a fool desires cheerful ignorance and I try not to be a fool. That is my heaviest burden.”

Tad Williams (1957) novelist

Source: Memory, Sorrow, and Thorn, Stone of Farewell (1990), Chapter 9, “Cold and Curses” (p. 237).

Thomas Szasz photo
George W. Bush photo
John F. Kennedy photo

“I appreciate very much your generous invitation to be here tonight. You bear heavy responsibilities these days and an article I read some time ago reminded me of how particularly heavily the burdens of present day events bear upon your profession. You may remember that in 1851 the New York Herald Tribune under the sponsorship and publishing of Horace Greeley, employed as its London correspondent an obscure journalist by the name of Karl Marx.
We are told that foreign correspondent Marx, stone broke, and with a family ill and undernourished, constantly appealed to Greeley and managing editor Charles Dana for an increase in his munificent salary of $5 per installment, a salary which he and Engels ungratefully labeled as the "lousiest petty bourgeois cheating."
But when all his financial appeals were refused, Marx looked around for other means of livelihood and fame, eventually terminating his relationship with the Tribune and devoting his talents full time to the cause that would bequeath the world the seeds of Leninism, Stalinism, revolution and the cold war.
If only this capitalistic New York newspaper had treated him more kindly; if only Marx had remained a foreign correspondent, history might have been different. And I hope all publishers will bear this lesson in mind the next time they receive a poverty-stricken appeal for a small increase in the expense account from an obscure newspaper man.”

John F. Kennedy (1917–1963) 35th president of the United States of America

1961, Address to ANPA

Nicolas Boileau-Despréaux photo

“The terrible burden of having nothing to do.”

Nicolas Boileau-Despréaux (1636–1711) French poet and critic

Le pénible fardeau de n'avoir rien à faire.
Epistle 11

Edward VIII of the United Kingdom photo

“At long last I am able to say a few words of my own… You must believe me when I tell you that I have found it impossible to carry the heavy burden of responsibility and to discharge my duties as King as I would wish to do without the help and support of the woman I love.”

Edward VIII of the United Kingdom (1894–1972) king of the United Kingdom and its dominions in 1936

Abdication Speech, December 11, 1936, via radio to a worldwide audience. http://www.historyplace.com/speeches/edward.htm

John Gray photo
Suze Robertson photo

“.. I therefore got around to painting [in Amsterdam, 1883] and that's why teaching started to become a burden for me. So then it HAD to happen now: Make or break! And I asked my dismissal at the school, threw away my 2500 florin a year, sacrificed everything, although I never made any painting yet, and certainly sold nothing at all. And my acquaintances, my family, they found me reckless and shamefully frivolous with my sacrifice to art, for which they did not felt any sympathy or understand anything of it after all.”

Suze Robertson (1855–1922) Dutch painter

(version in original Dutch / origineel citaat van Suze Robertson:) ..ik kwam zodoende meer aan 't schilderen [inmiddels in Amsterdam, 1883], waardoor 't lesgeven me begon te bezwaren. Dus dan MOEST het ook maar: erop of eronder! En ik vroeg mijn ontslag aan de school, gooide mijn f 2500,- per jaar weg, offerde àlles op, hoewel ik nog nooit 'n schilderij gemaakt, laat staan iets verkocht had. En m'n kennissen, m'n familie, ze vonden me roekeloos en schandelijk lichtzinnig met mijn offer aan de kunst, waarvoor ze immers niets voelden of van begrepen..
Source: 1900 - 1922, Onder de Menschen: Suze Robertson' (1912), p. 31

Manfred F.R. Kets de Vries photo
Robinson Jeffers photo
Fali Sam Nariman photo

“violate the human rights of others', is impractical and fraught with grave consequences as it puts an almost impossible burden on the lawyer of pre-judging guilt; and (more important) it precludes the person charged with infringing the human rights of another (such as one accused of murder) the right to be defended by a 'lawyer of his choice”

Fali Sam Nariman (1929) Indian politician

in my country, a guaranteed constitutional right.”
On his view on representing lawyers as human rights activists on accepting briefs of clients
Fali S. Nariman, ‘Before Memory Fades: An Autobiography

Dag Hammarskjöld photo

“What makes loneliness an anguish
Is not that I have no one to share my burden,
But this:
I have only my own burden to bear.”

Dag Hammarskjöld (1905–1961) Swedish diplomat, economist, and author

Markings (1964)

“When your mother has grown old
and with her so have you,
When that which once came easy
has at last become a burden,
When her loving, true eyes
no longer see life as once they did
When her weary feet
no longer want to wear her as she stands,
then reach an arm to her shoulder,
escort her gently, with happiness and passion
The hour will come, when you, crying,
must take her on her final walk.
And if she asks you, then give her an answer
And if she asks you again, listen!
And if she asks you again, take in her words
not impetuously, but gently and in peace!
And if she cannot quite understand you,
explain all to her gladly
For the hour will come, the bitter hour
when her mouth will ask for nothing more.”

Source: The poem was originally titled "Habe Geduld". It was first published in Blüthen des Herzens around 1906. https://www.bartfmdroog.com/droog/dd/bluthen_des_herzens_scans.html#front

Adolf Hitler used this poem with the title "Deine Mutter" in the handwritten manuscript he signed and dated in 1923. For this reason, this poem is sometimes misattributed to him. Adolf Hitler, "Denk' es!" (Be Reminded!) 1923, first published in Sonntag-Morgenpost (14 May 1933).

Mikhail Bulgakov photo
Emil M. Cioran photo
Lucy Lawless photo

“Up until I came here this week, and I met so many women and young girls who feel, to use their word - and I'm a bit embarrassed, but it's a good word - empowered, by watching. I realized this isn't a burden, this is an honor.”

Lucy Lawless (1968) New Zealand actress

Christy Slewinski, New York Daily News (September 29, 1996) "Lucy Lawless is a Star on the Strength of 'Xena'", The Seattle Times, p. 21.

Henry Adams photo
Joseph Massad photo
Michael Johns photo
Abdullah Ensour photo
Ellen Willis photo
Calvin Coolidge photo
Clarence Thomas photo
Enoch Powell photo

“I am one of what must be an increasing number who find the portentous moralisings of A. Solzhenitsyn a bore and an irritation. Scarcely any aspect of life in the countries where he passes his voluntary exile has failed to incur his pessimistic censure. Coming from Russia, where freedom of the press has been not so much unknown as uncomprehended since long before the Revolution, he is shocked to discover that a free press disseminated all kinds of false, partial and invented information and that journalists contradict themselves from one day to the next without shame and without apology. Only a Russian would find all that surprising, or fail to understand that freedom which is not misused is not freedom at all.

Like all travellers he misunderstands what he observes. It simply is not true that ‘within the Western countries the press has become more powerful than the legislative power, the executive and the judiciary’. The British electorate regularly disprove this by electing governments in the teeth of the hostility and misrepresentation of virtually the whole of the press. Our modern Munchhausen has, however, found a more remarkable mare’s nest still: he has discovered the ‘false slogan, characteristic of a false era, that everyone is entitled to know everything’. Excited by this discovery he announces a novel and profound moral principle, a new addendum to the catalogue of human rights. ‘People,’ he says, ‘have a right not to know, and it is a more valuable one.’ Not merely morality but theology illuminates the theme: people have, say Solzhenitsyn, ‘the right not to have their divine souls’ burdened with ‘the excessive flow of information’.

Just so. Whatever may be the case in Russia, we in the degenerate West can switch off the radio or television, or not buy a newspaper, or not read such parts of it as we do not wish to. I can assure Solzhenitsyn that the method works admirably, ‘right’ or ‘no right’. I know, because I have applied it with complete success to his own speeches and writings.”

Enoch Powell (1912–1998) British politician

Letter in answer to Solzhenitsyn's Harvard statement (21 June 1978), from Reflections of a Statesman. The Writings and Speeches of Enoch Powell (London: Bellew, 1991), p. 577
1970s

Moshe Chaim Luzzatto photo
Revilo P. Oliver photo
John Gray photo
Charles Dickens photo
Aron Ra photo
Michael Bloomberg photo
Winston S. Churchill photo
Ilana Mercer photo

“Audacity we won't miss: Obama praised his spoilt daughters for graciously wearing 'the burden of years' of life in the lap of luxury (courtesy the taxpayer), a sentiment his wife, Michelle Antoinette Obama, seconded.”

Ilana Mercer South African writer

"'Go On Now Go,’ Barack Obama, ‘Walk Out The Door …’" https://townhall.com/columnists/ilanamercer/2017/01/19/go-on-now-go-barack-obama-walk-out-the-door-n2273745 Townhall.com, January 19, 2017.
2010s, 2017

Arthur Jones (inventor) photo
Fritjof Capra photo
John F. Kennedy photo

“These burdens and frustrations are accepted by most Americans with maturity and understanding. They may long for the days when war meant charging up San Juan Hill-or when our isolation was guarded by two oceans — or when the atomic bomb was ours alone — or when much of the industrialized world depended upon our resources and our aid. But they now know that those days are gone — and that gone with them are the old policies and the old complacency's. And they know, too, that we must make the best of our new problems and our new opportunities, whatever the risk and the cost.
But there are others who cannot bear the burden of a long twilight struggle. They lack confidence in our long-run capacity to survive and succeed. Hating communism, yet they see communism in the long run, perhaps, as the wave of the future. And they want some quick and easy and final and cheap solution — now.
There are two groups of these frustrated citizens, far apart in their views yet very much alike in their approach. On the one hand are those who urge upon us what I regard to be the pathway of surrender-appeasing our enemies, compromising our commitments, purchasing peace at any price, disavowing our arms, our friends, our obligations. If their view had prevailed, the world of free choice would be smaller today.
On the other hand are those who urge upon us what I regard to be the pathway of war: equating negotiations with appeasement and substituting rigidity for firmness. If their view had prevailed, we would be at war today, and in more than one place.
It is a curious fact that each of these extreme opposites resembles the other. Each believes that we have only two choices: appeasement or war, suicide or surrender, humiliation or holocaust, to be either Red or dead. Each side sees only "hard" and "soft" nations, hard and soft policies, hard and soft men. Each believes that any departure from its own course inevitably leads to the other: one group believes that any peaceful solution means appeasement; the other believes that any arms build-up means war. One group regards everyone else as warmongers, the other regards everyone else as appeasers. Neither side admits that its path will lead to disaster — but neither can tell us how or where to draw the line once we descend the slippery slopes of appeasement or constant intervention.
In short, while both extremes profess to be the true realists of our time, neither could be more unrealistic. While both claim to be doing the nation a service, they could do it no greater disservice. This kind of talk and easy solutions to difficult problems, if believed, could inspire a lack of confidence among our people when they must all — above all else — be united in recognizing the long and difficult days that lie ahead. It could inspire uncertainty among our allies when above all else they must be confident in us. And even more dangerously, it could, if believed, inspire doubt among our adversaries when they must above all be convinced that we will defend our vital interests.
The essential fact that both of these groups fail to grasp is that diplomacy and defense are not substitutes for one another. Either alone would fail. A willingness to resist force, unaccompanied by a willingness to talk, could provoke belligerence — while a willingness to talk, unaccompanied by a willingness to resist force, could invite disaster.”

John F. Kennedy (1917–1963) 35th president of the United States of America

1961, Address at the University of Washington

Nisargadatta Maharaj photo
John Boehner photo

“I leave with no regrets or burdens. If anything, I leave as I started; just a regular guy humbled by the chance to do a big job.”

John Boehner (1949) Former Speaker of the United States House of Representatives

Farewell speech https://archive.is/cPZnT (29 October 2015).
2010s, 2015

Saddam Hussein photo
Vikram Sarabhai photo

“So the real problem in this whole question relates to utilization of national resources for productive and social welfare against the burden of defense expenditure which a country can bear at any particular time.”

Vikram Sarabhai (1919–1971) (1919-1971), Indian physicist

On the issue of priority to internal development vis-a-vis external defense.
The Making of the Indian Atomic Bomb: Science, Secrecy and the Post-colonial State

Rudyard Kipling photo
Henry Temple, 3rd Viscount Palmerston photo

“The honourable gentleman has alluded to the distresses and financial embarrassments of the country. I should be the last man to speak of those distresses in a slighting manner; but in considering the amount of our burdens, we ought not to forget under what circumstances those difficulties have been incurred. Engaged in an arduous struggle, single-handed and unaided, not only against all the powers of Europe, but with the confederated forces of the civilized world, our object was not merely military glory—not the temptation of territorial acquisition—not even what might be considered a more justifiable object, the assertion of violated rights and the vindication of national honour; but we were contending for our very existence as an independent nation. When the political horizon was thus clouded, when no human foresight could point out from what quarter relief was to be expected, when the utmost effort of national energy was not to despair, I would put to the honourable gentleman whether, if at that period it could have been shown that Europe might be delivered from its thraldom, but that this contingent must be purchased at the price of a long and patient endurance of our domestic burdens, we should not have accepted the conditions with gratitude? I lament as deeply as the honourable gentleman the burdens of the country; but it should be recollected that they were the price which we bad agreed to pay for our freedom and independence.”

Henry Temple, 3rd Viscount Palmerston (1784–1865) British politician

Speech in the House of Commons (16 May 1820), quoted in George Henry Francis, Opinions and Policy of the Right Honourable Viscount Palmerston, G.C.B., M.P., &c. as Minister, Diplomatist, and Statesman, During More Than Forty Years of Public Life (London: Colburn and Co., 1852), pp. 15-16.
1820s

Calvin Coolidge photo

“When we look over the rest of the world, in spite of all its devastation there is encouragement to believe it is on a firmer moral foundation than it was in 1914. Much of the old despotism has been swept away, While some of it comes creeping back disguised under new names, no one can doubt that the general admission of the right of the people to self-government has made tremendous progress in nearly every quarter of the globe. In spite of the staggering losses and the grievous burden of taxation, there is a new note of hope for the individual to be more secure in his rights, which is unmistakably clearer than ever before. With all the troubles that beset the Old World, the former cloud of fear is evidently not now so appalling. It is impossible to believe that any nation now feels that it could better itself by war, and it is apparent to me that there has been a very distinct advance in the policy of peaceful and honorable adjustment of international differences. War has become less probable; peace has become more secure. The price which has been paid to bring about this new condition is utterly beyond comprehension. We can not see why it should not have come in orderly and peaceful methods without the attendant shock of fire and sword and carnage. We only know that it is here. We believe that on the ruins of the old order a better civilization is being constructed.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Toleration and Liberalism (1925)

Calvin Coolidge photo

“It has been in accordance with these principles that we have made generous settlements of our foreign debts. The little sentiment of "live and let live" expresses a great truth. It has been thought wise to extend the payment of our debts over a long period of years, with a very low rate of interest, in order to relieve foreign peoples of the burden of economic pressure beyond their capacity to bear. An adjustment has now been made of all these major obligations, and they have all but one been mutually ratified. The moral principle of the payment of international debts has been preserved. Every dollar that we have advanced to these countries they have promised to repay with some interest. Our National Treasury is not in the banking business. We did not make these loans as a banking enterprise. We made them to a very large extent as an incident to the prosecution of the war. We have not sought to adjust them on a purely banking basis. We have taken into consideration all the circumstances and the elements that attended the original transaction and all the results that will probably flow from their settlement. They have been liquidated on this broad moral and humanitarian basis. We believe that the adjustments which have been made will be mutually beneficial to the trade relations of the countries involved and that out of these economic benefits there will be derived additional guaranties to the stability and peace of the world.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Ways to Peace (1926)

Sarada Devi photo
J. William Fulbright photo
Gustav Stresemann photo
George Lincoln Rockwell photo
Abraham Cowley photo
Henning von Tresckow photo