Word: power
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Dates: during 1920-1929
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...President Coolidge told how much more the U. S. meant to him than a geographical location. ". . . At present our land is the abiding place of peace, universal freedom and undoubted loyalty, holding the regard of all the world as a mighty power, stable, secure, respected. The people are prosperous, the standards of social justice were never so high, the rights of the individual never so extensively protected. . . . No one would claim that our country is perfect. . . . Yet . . . a nation, which has raised itself from a struggling dependency to a leading power in the world, without oppressing its own people...
Since the War. "In the reaction from wartime exaltation the moral power of the nation suffered little diminution." Heavy taxes were borne courageously. Three times taxes have been reduced, "saving the nation between $6,000,000 and $7,000,000 each day." The national debt will have been reduced by one-third next June. "The saving in interest alone is about $1,000,000 for each...
Future Program. A moderate tax reduction is possible. "But let it be remembered that tax reduction is possible solely on account of economy. Anybody can spend the money somebody else has saved." Flood control, Lakes-to-Gulf and St. Lawrence waterways, the Colorado River water & power project, the Columbia Basin, the Navy, and aviation and highways to make more intimate "our relationship with the vast territory between the Rio Grande and Cape Horn in a commercial way . . . will be some of the rewards of a judicious management of the national finances...
...power that Mayor Thompson now holds over Mr. Lowden is proportionate to the power of the Mississippi Flood over the farmlands of its basin, plus the power of many a steamboat. Mayor Thompson literally took the Mississippi Flood at its crest. He was cruising downstream with brass bands to popularize the Lakes-to-Gulf waterway when the rains descended. He changed his commercial cruise into an "errand of mercy," swung Chicago and himself into leadership of the flood-control movement, by no means neglecting to keep the Lakes-to-Gulf project stoked up and steaming along behind...
James Stiilman, whom Wall Street cursed as an unapproachable legend of money power, had the gift to see himself as others saw him, and more. He saw exactly what he willed to do, and with almost as much preciseness what others planned. He had the trick of completing another's thoughts. That was at times embarrassing to him, for it gave him a reputation for wizardry which he disclaimed. Near his death, in 1918, he spoke again: " 'Twasn't the money we were after; 'twas the power. We were all playing for power...