03/30/1931
https://www.presidency.ucsb.edu...
"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 potenti..."
"The hope of tax reduction lies in large degree in our ability to economize on the military and naval expenditure and still maintain adequate defense."
"Our whole situation is certainly modified by the Kellogg Pact."
"In the matter of Army outlay, I am in agreement with the Secretary of War to set up within the General Staff a commission of leading Army officers to reconsider our whole Army program, to see what ser..."