SS President Coolidge continued from Manila via Singapore, the Suez Canal, the Mediterranean Sea, New York City, the Panama Canal and thence back to San Francisco. "President Hoover" and "President Coolidge" were aimed at holiday makers seeking sun in the Pacific and Far East. Passenger luxuries included spacious staterooms and lounges, private telephones, two saltwater swimming pools, a barbers' shop, beauty salon, gymnasium and soda fountain. "President Coolidge" broke several speed records on her crossings between Japan and San Francisco. In December 1937 "President Hoover" ran aground on the Taiwanese coast and was declared a total loss. Dollar Steamship Lines was increasingly in
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