Excerpts of the President's News Conference
There isn't anything that I can say about our European debts. As I have suggested before, I don't like constantly to talk about that. It gives the impression abroad that we are trying to coerce them, or something of that kind. It isn't helpful in our foreign relations, nor is it helpful in securing a state of mind that will result in making payments to us.
Source: "The Talkative President: The Off-the-Record Press Conferences of Calvin Coolidge". eds. Howard H. Quint & Robert H. Ferrell. The University Massachusetts Press. 1964.
Calvin Coolidge, Excerpts of the President's News Conference Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/349096