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In this quote, Calvin Coolidge is characterizing the American people as being highly focused on economic productivity and prosperity through activities like work, commerce, savings and business growth.
Coolidge portrays Americans as deeply invested in generating wealth via occupations that allow them to earn money, purchase goods and services, invest savings for returns, and participate successfully in the free market system. He conveys the idea that economic advancement through these means holds significant importance and interest for Americans as individuals and as a nation.
The quote suggests Coolidge viewed driving business activity, entrepreneurship, and building wealth through diligent participation in the market as core American values. Overall, he presents Americans as a people profoundly motivated to achieve financial well-being and opportunity through their dedicated efforts in occupations that fuel economic progress and living standards.