The President's News Conference
06/23/1932
https://www.presidency.ucsb.edu...
I am glad to see the adoption by the Senate and House of the principle of generous relief to unemployment.
It is folly for the world to go on breaking its back over military expenditure, and the United States is willing to take...
The reductions must be real and positive.
The armaments of the world have grown up in general mutual relation to each other.