Herbert Hoover actually said...

The Prime Minister introduces the principle of parity which we have now adopted and its consummation means that Great Britain and the United States henceforth are not to compete in armament as potential opponents but to cooperate as friends in the reduction of it.

Context

Statement on Cruiser Construction Suspension, Following a British Statement of Principles

07/23/1929

https://www.presidency.ucsb.edu...

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