Reportedly in response to a proposal to cancel the debts owed by Allied nations to the United States following World War I; reported in Paul F. Boller, Jr., and John George, They Never Said It: A Book of Fake Quotes, Misquotes, & Misleading Attributions (1989), p. 18.
More quotes by Calvin Coolidge
There is no substitute for a militant freedom. The only alternative is submission and slavery.
That man has offered me unsolicited advice for six years, all of it bad!
The Constitution is the sole source and guaranty of national freedom.
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Attribution
Quote text and notes from Wikiquote: Calvin Coolidge (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.