Calvin Coolidge photo

Excerpts of the President's News Conference

August 12, 1927

The business of the country is in very fair condition. Labor conditions are extremely satisfactory. Wages are on a very liberal basis. There is some unemployment in certain lines, not anything more than what is usual. That is always the case, that there are some lines lag-ging behind.

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

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