ERA OF PROSPERITY
AMERICA’S GOOD FORTUNE
THE PRESIDENT OPTIMISTIC. Press Association—By Telegraph—Copyright. WASHINGTON, June 11. President Coolidgo, addressing the heads of the Government bureaux, predicted that the United States would continue to be prosperous during 1929. Ho said: “ We have been favoured with a long-continued era_ of prosperity. Year after year the tide of good fortune has steadily risen, and it seems not yet to have readied its flood. Prosperity is only an instrument to be used, not a deity to bo worshipped, it is my firm belief that for the most part the people of the United States' are making a proper use of their prosperity.” He pointed out that in 1921 (hero were 5,700,000 unemployed in the United States, whereas the mini her at present was only about 1,800,000. Ho also emphasised that in the last seven years the public debt had been reduced by over 6,327,000d01, which meant, a total of 950,000,000 in interest, saved to the taxpayers.—Anstralian Press Association.
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Bibliographic details
Evening Star, Issue 19890, 12 June 1928, Page 4
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163ERA OF PROSPERITY Evening Star, Issue 19890, 12 June 1928, Page 4
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