“Well, farmers never have made money. I don’t believe we can do
much about it.”
President Calvin Coolidge uttered this to Robert A. Cooper,
chairman of the Farm Loan Board, after vetoing a bill that would
have boosted agriculture prices by federal purchase of crops.
Can you imagine the media reaction to such a statement today?
“Utter callousness.” “Letting farmers starve to death over their
very fields.” “No sympathy for poor or middle-class
voters.”
Coolidge, as Amity Shlaes’s
new book explains, managed to absolutely reduce the federal
budget by the time he left the White House, along with reducing top
marginal income tax rates from 58% to 25%.
Yet Coolidge, as our history books have taught us, is known as a
“do-nothing president.”
Coolidge had a very underwhelming presence physical. Shlaes
describes the man as short, slight, quiet, and humble. Yet he
managed to win reelection in 1924, after becoming president in 1923
as a result of Warren G. Harding’s death.
Coolidge’s personality originated in his deep religious faith,
which required him to be unambitious and frugal.
Shlaes further posits that today’s politicians today “are weak”
while “journalists are sheep.” These two factors have led to
congressional gridlock; she concluded that we needed a new Coolidge
for today.
Can the United States really elect a man of Coolidge’s caliber
in the 21st century? With television and Twitter, I
can’t even imagine a candidate that chooses to remain prudently
reserved before pursuing a right and just public policy.
Even Ronald Reagan was formerly an actor; he was the “Great
Communicator.”
Coolidge, on the other hand, lived his traditional New England
virtues, governed with them, and left the White House perceiving it
simply as a building that men entered and left.
Limited government conservatives may idealize these qualities,
but they need to be reincarnated in a louder man. If they are not,
I fear they will be drowned out by the noise of mass media.
Though reserved, Coolidge did use his words wisely. Indeed, we
could use the following today:
“I am for economy, and after that I am for more
economy.”