12/28/1931
https://www.presidency.ucsb.edu...
"The American Army, together with all of the reserves--National Guard and other forms of reserve--on the basis of valuation which was established by the technical committees dealing with this problem, ..."
"We must remember that all of those emergency measures are extremely complicated, and there is a great deal of detail to be worked out, and necessarily it cannot be done in 48 hours."
"I have been very much gratified at the reception that the message I sent yesterday had both in the press and in the Congress, and the congressional committees are deeply engrossed in those measures, a..."
"There is nothing in respect to the American Army of any consequence."