The President's News Conference
12/19/1929
https://www.presidency.ucsb.edu...
The time has come when we should cut through the brush and adopt some broad and definite method of reducing the overwhel...
I am glad to see the adoption by both the Senate and the House of the principle of generous relief to unemployment.
This reduction should be carried out not only by broad general cuts in armaments but by increasing the comparative power...
I propose that the arms of the world should be reduced by nearly one-third.