SS President Coolidge motors ranged from a tenth horsepower to the 13,250 horsepower main motors. The ship had refrigerated cargo space. "President Coolidge" was initially designed for 350 first class, 150 "special" or intermediate class passengers with space for 1,260 passengers of all classes and a crew of 300. The ship was launched on 21 February 1931 after Mrs. Calvin C. Coolidge broke a bottle of water that came from a brook on the Coolidge farm in Vermont on the bow. "President Hoover" and "President Coolidge" ran between San Francisco and Manila via Kobe and Shanghai, and some round the World voyages that
Presidency of Calvin Coolidge the FTC largely stopped prosecuting anti-trust cases, allowing companies like Alcoa to dominate entire industries. Coolidge also avoided interfering with the workings of the Federal Reserve, which kept interest rates low and allowed for the expansion of margin trading in the stock market. The 1922 Fordney–McCumber Tariff allowed the president some leeway in determining tariff rates, and Coolidge used his power to raise the already-high rates set by Fordney–McCumber. He also staffed the United States Tariff Commission, a board that advised the president on tariff rates, with businessmen who favored high tariffs. Secretary of Commerce Hoover energetically used government auspices