In their relations with the other nations of the world they are animated by a desire to maintain amity and, through loyal efforts, to further the cause of peace.

Your presence is but another evidence of that sincere and uninterrupted friendship which has always linked our countries together so that it can truly be described as traditional.

One need not be a prophet to say that the future of Brazil is one of unlimited possibilities.

In other respects also, sir, your nation is viewed with sympathetic admiration by my countrymen.

Your people are conquering the wilderness and are bringing to the markets of the world the fruits of their labor.

It gives me the greatest possible pleasure to welcome Your Excellency on this occasion and to express to you my profound appreciation of the signal honor which you, through your visit, are conferring upon the Government and people of the…

Firm believers in democracy, they are successfully upholding within their borders the principles of self-government.

On the merits or demerits of these alternatives as to this very small part of the fleet of about 1,125,000 tons, our naval advisers are sharply divided.

We thus attain parity in the battle fleet now instead of 10 years hence.

The program of the treaty does represent a decrease in destroyer and submarine strength.

I have no other questions except one on the District appropriations, and I anticipate that the committees will be able to find some solution without stopping the works of the District.

There is not one scintilla of agreement or obligation of any character outside the treaty itself.

I have not done so yet. It has not come in yet, but I will when it arrives.

The United States scraps three battleships, the British five, and Japan one, and postpones the enormous expenditure for renewals under the Washington Treaty until after 1936.

Now, the aircraft carriers, and the destroyers, and submarine programs of the treaty are fair, and they have not been subject to any particular criticism.

We accomplish that without building a single ship.

The real issue in the treaty is whether we shall stop competitive naval building with all the destruction and the dangers to international good will that the continuation of that course implies; whether we shall spend an enormous sum in…

I regard it as a very important administrative step.