11/03/1931
https://www.presidency.ucsb.edu...
"The American people should understand that current expenditure on strictly military activities of the Army and Navy constitutes the largest military budget of any nation in the world today and at a ti..."
"Our whole situation is certainly modified by the Kellogg Pact."
"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."
"BY INVENTING the electric lamp Mr. Edison did vastly more than provide a new lamp."