Meaning: This quote by Calvin Coolidge, the 30th President of the United States, touches on the virtues of industry, thrift, and self-control, emphasizing that these qualities are valuable not just for their ability to generate wealth, but also for their role in shaping an individual's character. Coolidge's words reflect a broader philosophy that places emphasis on personal responsibility, discipline, and moral integrity, suggesting that these attributes are essential for the development of a strong and virtuous society.

The concept of industry refers to the diligent and hardworking nature of individuals. It encompasses qualities such as perseverance, commitment, and a strong work ethic. Coolidge's reference to industry as a creator of character suggests that the act of industriousness itself is valuable, independent of any material gain it may bring. This aligns with the idea that a person's commitment to hard work and dedication to their responsibilities can shape their character by instilling values such as perseverance, determination, and a sense of purpose.

Thrift, as mentioned in the quote, is the virtue of practicing economical and frugal habits. It involves the wise management of resources, the avoidance of wastefulness, and the ability to live within one's means. Coolidge's assertion that thrift creates character highlights the belief that the discipline and self-control required to be thrifty can contribute to the development of a responsible and prudent individual. The ability to prioritize needs over wants, to save and plan for the future, and to avoid excessive consumption are all aspects of thrift that can foster qualities such as discipline, foresight, and a sense of stewardship.

Self-control, the third virtue mentioned in the quote, refers to the ability to regulate one's behavior, emotions, and desires. It involves resisting impulses, exercising restraint, and maintaining composure in the face of challenges. Coolidge's assertion that self-control creates character underscores the significance of this virtue in shaping individuals who are able to make thoughtful, rational decisions and maintain a sense of inner strength and balance. The capacity to exhibit self-control can cultivate virtues such as patience, resilience, and ethical conduct, contributing to the development of a principled and morally upright character.

It is important to note that Coolidge's emphasis on these virtues as character-building traits goes beyond their role in wealth creation. While industry, thrift, and self-control can indeed lead to economic success, Coolidge's quote suggests that their true value lies in their ability to shape individuals into upstanding members of society. This perspective aligns with traditional notions of virtue ethics, which prioritize the development of moral character and the cultivation of virtuous traits as fundamental to leading a good and fulfilling life.

In conclusion, Calvin Coolidge's quote underscores the intrinsic value of industry, thrift, and self-control as character-building virtues. By highlighting their role in shaping individuals' character, Coolidge emphasizes the importance of personal responsibility, discipline, and moral integrity in the fabric of society. His words serve as a reminder of the enduring significance of these virtues in fostering individuals who are not only capable of creating wealth but also of contributing to the betterment of society through their principled and virtuous character.