Herbert Hoover: “The campaign will be conducted and managed entirely by Chairman Sanders and the Republican organization.”

I propose that the arms of the world should be reduced by nearly one-third.

No such suggestion has ever been made by any American official.

You have always been a public spirited citizen, working for the best interests of your state and of the nation and I know that whether in diplomatic work or at home, you will continue to render valuable service.

The details of this estimate, the necessity therefor, and the reason for its transmission at this time are set forth in the letter of the Director of the Bureau of the Budget transmitted herewith, with whose comments and observations…