Changes

The Coolidge policy was a simple one, made easier by the continuous prosperity and the weakness of the liberal opposition. He believed in government economy, reduced taxation, and gave aid to private business without accompanying restrictive regulation. In 1927 he vetoed the soldiers' bonus bill. Coolidge opposed any government control in interstate electrical power and was against the proposal for government operation of the Wilson Dam at Muscle Shoals on the Tennessee River; in 1933 it became part of the [[New Deal]]'s [[TVA]].

The Coolidge policy was a simple one, made easier by the continuous prosperity and the weakness of the liberal opposition. He believed in government economy, reduced taxation, and gave aid to private business without accompanying restrictive regulation. In 1927 he vetoed the soldiers' bonus bill. Coolidge opposed any government control in interstate electrical power and was against the proposal for government operation of the Wilson Dam at Muscle Shoals on the Tennessee River; in 1933 it became part of the [[New Deal]]'s [[TVA]].

Throughout the farming regions of the traditionally Republican Middle West loud complaints were heard about the farm crisis. It was characterized by low prices for crops and the overhang of the land bubble that burst in 1920, leaving many farmers deeply in debt for new lands they purchased at high price during the war. The farmers wanted the federal government to intervene in the market, by buying crops at high prices and dumping them abroad cheaply. Congress passed the legislation, known as the  and the [[McNary-Haugen Bill]], a farm relief bill, but Coolidge vetoed it.  He supported the alternative program of Hoover and Jardine to modernize farming, by bringing in more electricity, more efficient equipment, better seeds and breeds, and better business practices.  

Throughout the farming regions of the traditionally Republican Middle West loud complaints were heard about the farm crisis. It was characterized by low prices for crops and the overhang of the land [[economic bubble|bubble]] that burst in 1920, leaving many farmers deeply in debt for new lands they purchased at high price during the war. The farmers wanted the federal government to intervene in the market, by buying crops at high prices and dumping them abroad cheaply. Congress passed the legislation, known as the  and the [[McNary-Haugen Bill]], a farm relief bill, but Coolidge vetoed it.  He supported the alternative program of Hoover and Jardine to modernize farming, by bringing in more electricity, more efficient equipment, better seeds and breeds, and better business practices.

 

===Foreign Affairs===

===Foreign Affairs===

In the realm of foreign affairs the president urged the nation to become a member of the World Court, but the bill authorizing it was hedged with so many qualifications that the other member nations refused to admit the United States. Under the direction of Secretary of the Treasury [[Andrew W. Mellon]], plans for the payment of foreign government debts to the United States were negotiated and approved. During the Coolidge administration the Kellogg-Briand Pact, renouncing war as an instrument of national policy, was signed by most of the important nations of the world. The appointment of Dwight W. Morrow as ambassador to Mexico did much to restore good relations with that country, although the policy pursued elsewhere in Latin America in the interest of American investors helped maintain the Latin-American distrust of their northern neighbor.  

In the realm of foreign affairs the president urged the nation to become a member of the World Court, but the bill authorizing it was hedged with so many qualifications that the other member nations refused to admit the United States. Under the direction of Secretary of the Treasury [[Andrew W. Mellon]], plans for the payment of foreign government debts to the United States were negotiated and approved. During the Coolidge administration the Kellogg-Briand Pact, renouncing war as an instrument of national policy, was signed by most of the important nations of the world. The appointment of Dwight W. Morrow as ambassador to Mexico did much to restore good relations with that country, although the policy pursued elsewhere in Latin America in the interest of American investors helped maintain the Latin-American distrust of their northern neighbor.