Herbert Hoover: “The details of this estimate, the necessity therefor, and the reason for its submission at this time are set forth in…”

The reductions must be real and positive.

All bombing planes to be abolished.

The Kellogg-Briand Pact, to which we are all signatories, can only mean that the nations of the world have agreed that they will use their arms solely for defense.

This order shall be effective from July 1, 1932.