The President's News Conference
09/24/1931
https://www.presidency.ucsb.edu...
It is folly for the world to go on breaking its back over military expenditure, and the United States is willing to take...
I am glad to see the adoption by the Senate and House of the principle of generous relief to unemployment.
I propose that the treaty number and tonnage of battleships shall be reduced by one-third.
All bombing planes to be abolished.