<html> <head><style type ="text/css">body { font-family: "Bloomberg Prop Unicode I", Verdana, sans-serif; font-size:125%; letter-spacing: -0.3pt; color: #FF9F0F; background-color: #000000; text-align: left; } p {line-height: 1.25em; max-width:900px; width:expression(document.body.clientWidth > 900? "900px": "auto" );} h1, h2, h3 { text-align: left; font-weight: normal; color: #FFFFFF; } h1 { font-size: 130%; } h2 { font-size: 115%; } h3 { font-size: 100%; } #bb-style { font-size: 90%; max-width:900px; width:expression(document.body.clientWidth > 900? "900px": "auto" ); } b, strong { font-weight: bold; } i, em { color: #FEC54A; } pre { font-family: "Andale Mono", "Monaco", "Lucida Console"; letter-spacing: -0.3pt; line-height: 1.25em; } table { border: 0; font-size: 90%; width: 100%; margin-left: auto; margin-right: auto; } td, tr { text-align: left; } td.numeric { text-align: right; } a:link { color:#53B2F5; text-decoration: none; } a:visited {color:#53B2F5} a:active {color:#53B2F5} a:hover {color:#53B2F5} </style> </head> <body> <p>By Amity Shlaes</p>&#xD; &#xD; <p><a href="http://www.crankyyankees.net/">Jim Cooke</a>, a Coolidge impersonator and presidential expert, wrote in to note that my <a href="http://www.bloomberg.com/news/2011-07-01/coolidge-hoover-and-the-myth-of-businessman-presidents-echoes.html">previous Echoes post</a> had Coolidge slightly wrong.</p>&#xD; &#xD; <p>Coolidge said: "The chief business of the American people is business" and not, as the column said, "The chief business of America is business."</p>&#xD; &#xD; <p>Jim also takes issue with my description of the cheese factory that the president's father ran in Plymouth Notch. Jim says it was more of a cooperative venture than a business for his profit alone. That makes sense. The village of Plymouth Notch created the factory as a way to sell their milk.</p>&#xD; &#xD; <p>(Amity Shlaes, a senior fellow in economic history at the Council on Foreign Relations and a Bloomberg View columnist, oversees the Echoes blog. The opinions expressed are her own.)</p>&#xD; &#xD; <p>To contact the author of this blog post: Amity Shlaes at amityshlaes@hotmail.com.</p>&#xD; &#xD; <p>To contact the editor responsible for this post: Timothy Lavin at tlavin1@bloomberg.net.</p> </body> </html>