Herbert Hoover actually said...

"We are wisely committed to a policy which insures the further progressive reduction of the debt."

"After 1914 the various Army contingents necessarily expanded to the end of the Great War and then receded to the low point in 1924, when expansion again began."

"From a defense point of view our forces should be proportioned to national need and should, therefore, to some extent be modified by the prospects of peace, which were never brighter than to-day."

"Our Army and Navy are being maintained in a most efficient state under officers of high intelligence and zeal."