Herbert Hoover: “I have decided to ask the Governors of the States most acutely affected to meet with us here next Thursday afternoon…”

I earnestly hope that this may be done.

This reduction should be carried out not only by broad general cuts in armaments but by increasing the comparative power of defense through decreases in the power of the attack.

I propose the adoption of the presentation already made at the Geneva Conference for the abolition of all tanks, all chemical warfare, and all large mobile guns.

These expenditures cannot be recovered; they must be met by the taxpayer now or in the future.