Herbert Hoover said...

It is folly for the world to go on breaking its back over military expenditure, and the United States is willing to take...

I propose that the treaty number and tonnage of battleships shall be reduced by one-third.

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

The details of this estimate, the necessity therefor, and the reason for its transmission at this time are set forth in ...