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Updated: June 2, 2025


The bill will correct substantially the economic defects injected into the revenue act of 1924, as well as many which have remained as war-time legacies. In its present form it should provide sufficient revenue for the Government.

In the south Sun Yat-sen had been elected generalissimo in 1921. In 1924 he was re-elected with a mandate for a campaign against the north. The new Kuomintang was more socialistic, as is shown by its admission of Communists and the stress laid upon land reform.

It was in December, 1924, that Goliah sent out his famous "Christmas Letter," part of the text of which is here given: "So far, while I have kept the rest of the nations from each other's throats, I have devoted myself particularly to the United States. Now I have not given to the people of the United States a rational social organization.

America has taken her place in the world as a Republic free, independent, powerful. The best service that can be rendered to humanity is the assurance that this place will be maintained. State of the Union Address Calvin Coolidge December 3, 1924

America has taken her place in the world as a Republic free, independent, powerful. The best service that can be rendered to humanity is the assurance that this place will be maintained. State of the Union Address Calvin Coolidge December 3, 1924

After 1914 the various Army contingents necessarily expanded to the end of the Great War and then receded to the low point in 1924, when expansion again began. In 1914 the officers and men in our regular forces, both Army and Navy, were about 164,000, in 1924 there were about 256,000, and in 1929 there were about 250,000.

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