Name and describe Calvin Coolidge's stance (position or belief) on domestic business policies?

Coolidge's policies in office continued to be guided by his strong belief in private enterprise and small government. He cut taxes, limited government spending and stacked regulatory commissions with people sympathetic to business. Coolidge once said, "The chief business of the American people is business." He also rejected U. S. membership in the League of Nations and set high tariffs on imported goods to protect American industry.