WILL STILL PROSPER
FUTURE OF UNITED STATES COOLIDGE CONFIDENT (limited p.A.—By Telegraph — Copyright) (Australian Press Association) WASHINGTON, Sunday. President Coolidge, addressing Government bureau heads, predicted lAat the United States would conlinu* to be prosperous in 1929. He said: ”We have been favoured with a long-continued era of prosperYear after year the tide of good fortune has steadily risen, and it seems not yet to have reached its flood. "Prosperity is only an instrument to be used, not a deity to be worshipped. it is my firm belief that •? r . the most part the people of the t-nited States are making proper use °t their prosperity. "In 1921 there were 5,700,000 unemployed persons in the United states, whereas the number at preset is only about 1,800,000.” He also emphasised that in the last seven years the public debt has been reduced by more than £1,265,400,000. *hich meant a total saving of £190.000,000 In interest to the taxpayers.
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Sun (Auckland), Volume II, Issue 378, 12 June 1928, Page 9
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156WILL STILL PROSPER Sun (Auckland), Volume II, Issue 378, 12 June 1928, Page 9
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