AMERICAN CABLE NEWS
ILS.A. PROSPERITY. I’RESTB'ENT'S CLAIM. . United Press Association.—By Electric Telegraph.—Copyright.) WASHINGTON. June 11. President Cqolidge addressing the Government Bureau heads, predicted that tlie United States would continue prosperous during 1929. He said : “Wo have been favoured with a long continued era of prosperity. Year after year the tide of good fortune has steadily risen. It seems not yet to Jinve reached its flood. Prosperity is only an instrument to be used. It is not a - diety to be worshipped. It is my firm belief -that for tlie most part the people of the United States are making a proper use of their prosperity.” Ho pointed out that in 1921 there were 5,7(X),000 unemployed in the United States, whereas the number at present was only about 1,900,000. He also emphasised that in tlie last seven years the public debt had been reduced by over 0.327 million dollars, which meant a total of 050 millions in interest savings to tlie taxpayers.
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Hokitika Guardian, 12 June 1928, Page 2
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161AMERICAN CABLE NEWS Hokitika Guardian, 12 June 1928, Page 2
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